crude is falling like hell. so using fibs we can see that the 61.8 level that is 5125 is a support, if it breaks we can see furhter downfall
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I Guess it is head & shoulders pattern in crudeoil in 2 hours timeframe If it is true then we can expect blue lines are possible targets with blackline as stoploss. GOOD LUCK!!
Crude looks gearing up for $90-95 by 1st week of November 2021.
Long crude in every dip towards 5240-5120 stop loss 4880 target 7000 by 10th Nov 2021. Disc : it's not an investment advice to buy or sell
Short Crude Oil at/above 5357, Stop loss 5437 and targets are as follows, T1-5295, T2-5262, T3-5164, T4-5077
Crude oil Aug Long Buy above 5385 SL- 5342 Target- 5434, 5476, 5558 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
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Short crude oil future at 5350 sl 5360 target 1:2,3,5
CRUDEOIL is reacted from weekly demand , good to buy. Target last high or new life time high.
RETRACING... TIGHT RANGE .... CAN BUY FROM HERE.... LETS SET IT...
strong resistance near 5350. 1. for short position wait for 5330 level atleast and sl will be 5355. tgt would be 150 points that is 5200. 2. for long position buy at current price for small target of 5330-5350