Crude oil making base after a rally from low of 15$-25$ to 100$Crude oil taking support a lower end of the chart and making long term base after a huge rally from all time lows...
BRU2016 trade ideas
Crude oil seems bullish. crude oil on charts seems super bullish. From India context it seem bearish for Nifty.
just for educational purpose.
Risk, reward, and our absolutely EPIC Black Friday dealWorld-class climbers require the best equipment, gear, and preparation - they can't scale the most difficult mountains without anything else. For the world' best traders, they too must have access to the best tools and features. To climb to the top of modern markets, great research is a prerequisite.
Our sponsored athlete, Alex Honnold, is the best free solo climber on Earth, known for scaling Yosemite's 3200-foot El Capitan without a rope. He once told us the following :
"One way to de-risk my climbing is to practice on similar climbs until I have a high degree of confidence that I can successfully do whatever I've set out for. If I have a proven track record on very similar climbs then I know that the risk can't be too high. I guess the other way to say that is just to practice until a climb feels easy. If it's well within my comfort zone then it's no longer very risky."
This Black Friday, we want to give traders, investors and anyone interested in markets the tools they need to get to their goals. That means practice, it means getting out there, testing new ideas, and finding the perfect trading strategy. All of you can get up to 70% OFF one of our paid plans from now until the end of the week.
That's right... our epic Black Friday deal has begun. Now's your time to get the tools required to summit markets, to become the glorious trader you've always wanted to be with one of our paid plans, which offers the following:
⦿ Up to 8-charts layout
⦿ Up to 25 indicators per chart
⦿ Up to 20K historical bars
⦿ Up to 400 price alerts
⦿ Up to 400 technical alerts
⦿ Volume profile tools
⦿ Time Price Opportunities
⦿ Custom timeframes
⦿ Multiple watchlists
⦿ Bar Replay
⦿ Indicators on indicators
⦿ Intraday Renko, Kagi, Line Break, Point & Figure charts
⦿ Charts based on custom formulas
⦿ One month free
⦿ And much, much more
Remember: Our deal won’t last long, the clock is ticking. If you have any additional questions, check out the FAQ on our official Black Friday page .
Treat yourself to a plan and keep following us as we publish educational posts throughout the week. We'll show you several tips about using your new plan as each post will be designed to help you take full advantage of our epic Black Friday sale.
Love,
TradingView ❤️
Follow us on Instagram , Twitter , and Telegram for more valuable content! 💘
Brent Crude ShortI have observed double top patterned is formed in daily chart. I have also drawn regression line into it. Based on both technical analysis, short term move upto USD 89 per barrel can be expected.
This move is for short term. We can expect fall within 1-2 days.
Brent Crude We applied parallel line and 20 moving average on weekly basis. Currently brent crude is trading at USD 97.31 which is upper range of parallel line and just above 20 moving average on weekly basis. If, brent crude could cross USD 100 psychological level on daily closing basis, we could se a good rally up to USD 115.
As per my opinion, in order to go long; brent crude must cross USD 100 on firm basis.
short crude @99 or 100Short crude 99 or 100 for target 92.80
now global situations are bearish thats why short ing crude will give benefit ,
Crude Futures Sideways to NegativeCrude Futures seems to be trading near the top trend line on Monthly chart. Sideways on weekly chart with a Negative divergence. keep Watch closely shorting opportunities may be coming soon.
CRUDE OIL at important juncture - 87, Trade Setups in Daily.Check 'CRUDE OIL at important juncture - 87, watch for Oil companies ' where i have explained the logic of these trades in details.
Sustaining above 87 will mean break of important resistance, change in structure.
Buyers are wiling to buy higher, enter with them.
1. BUY if it sustains above 87. Target 115.
CRUDE OIL at important juncture - 87, watch for Oil companiesCrude oil is at an important juncture.
1. Around 87 which is an important resistance.
2. Should move down quickly to 46 levels.
3. If we have slower fall that will mean re attempt of 87 and possible long. Exit shorts.
Possible trades should be taken in daily time frame-
1. SHORT - as swing high break fails in daily.
2. BUY - when it sustains above 87 for 115.
Will share setups chart in daily time frame under my ideas section.
NYMEX Brent Oil Futures - Simple Trading StrategyHere, I have used MA , RSI , VOL , & DMI to identify the next move of Brent Oil. According to those indicators, it seems bullish ahead. We may see the following targets soon: $68.8 - $69.8 - $71+
But, if brent crude oil breaks the hurdle ( $66.60 ) and shows a closing price below it, we will see a heavy downfall. Targets: $64.6 - $62.8 and below
Easy 46% , Russian Brent MarketSimple prediction , 70% SX-S rate if reach circle of safety. We followed the pace for a long time, and this is one of the most accurate predictions. Stay tuned!
Brent Crude OilBrent Crude Oil:
BR1: CMP: 68.66
Bullish above 69.70
Targets: 73.30, 75.65, 80.70, 86
SL: 60 close base
Risk is yours and Reward is too yours
