Time Frame: 1 hour Strategy: Long - BREAKOUT🔥 Crude oil is poised for a potential breakout towards the 6300 range as it faces resistance. The current stability is influenced by Houthi militants' activities in the Red Sea, impacting oil supply. Initial concerns led to a rise in prices. Today's crude oil inventory data could further impact the market, shaping...
eyes on crude spot 75.20 if sustain abv thna nxt up side move 76--76.50$ where support 73,50 only blw looks den in mcx 6270 stya abv looks up side till 6310--6350++++++ buy on dips after lvl sl 6155
Inverse H&S pattern. Expecting 6300 Above break of blue resistance line fresh long
on dialy chart crude if sustain orhold abv 6028 dedcat bounce on chart looks til 6130--6180+++++ only blw 5970 looks some dwn side move for short term in crude spot abv 72.69 no worry for bulls some bounce expect till 74-75$ near more update stya here
Please read the notes on the chart carefully. Now, how to trade next week? For that you can refer to my publication on US Oil which I will publish soon, but surely before Monday. The reason for not giving you "HOW TO TRADE" here is that US Oil is the parent price movement on the basis of which this chart moves; so kindly bear with me and always refer to that...
buy crudeoil for the target of 6750-7663-8556-9399-10005-12900 with closing stoploss below 5047 small closing stoploss 5290
In crude oil making bullish flag. making "W" also in daily time frame
Crude has been bullish since morning. We can buy 5900 CE in crude for hero zero if it sustains above 5910
1- used harmonic pattern Gartley pattern 2- 5290 is a small support 3- main support is 4575 5-target is too big
CrudeOil important levels to watch are as follows #Support: 5870 Sell below: 5870 only on 15 minute candle closure below the level. Target 1: 5820 Target 2: 5740 #Resistance: 5955 Buy Above: 5955 only on 15 minute candle closure Above the level. Target 1: 6010 Target 2: 6080-6085 => # Remember each level will act as a support and resistance...
News Based: Post-CPI Inflation data 3.1% rise in November YoY - Massive sell-off of Crude was seen. Higher oil prices contribute to inflation directly and by increasing the cost of inputs. Hence, we can see a massive crude oil sell-off. Technicals 5755 is a crucial level if Crude sustains below we can see a massive downfall as seen in the image
crude spot eyes on 69$ in mcx 5750 if stya blw or close 2 days thna nxt tgt 5560--5500-5440+++ in spot wee se 65--63+++++ yes on daily chart looking trend line support near
Crude oil has fallen badly for a few days. Based on demand and supply - marked dot-to-dot levels Today crude has been bullish A morning star pattern has been formed, and there is confirmation Entered during fib retracement. I'll be trailing at 5980 and SL at 5910 . Current level 5940 is crucial, and we can expect a good up move if bullishness...
#CRUDEOIL UPDATE || Dec 12 Timeframe: 4 hourTimeframe Direction: Long (Intraday) Advising buys above 20 & 30 EMA. Maintaining my view on crude oil, anticipating a touch at the 5600 level before an upward move. Oil prices went up slightly because investors are waiting for important decisions about interest rates and inflation. The upcoming U.S. Consumer Price...
drop base drop set up... levels are on the chart... its for educational purpose only
Crudeoil is previous Inside Rally Base Rally candle. A Breakout can be seen from here.
🛢️ CRUDE OIL 19DECFUT LEVELS for 08.12.23 🛢️ 📈 Day Range: 137 Points 📈 Buy at 5839.67 🎯 Target 1: 5886.67 🎯 Target 2: 5939 ➕ Add one lot at 5823.5 🛑 Buyer SL: 5797.33 📉 Sell at 5807.33 🎯 Target 1: 5717.33 🎯 Target 2: 5665 🛑 Seller SL: 5849.67 Note: Exercise caution and perform due diligence before making any trading decisions. Market conditions may change. 📊📉📈"
Crude Oil Mini Intraday Prediction Levels for 7 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line. These levels act...