Crude oil bullish divergence is a valuable concept in technical analysis that can help traders identify potential trend reversals and make more informed trading decisions. This article will explore what bullish divergence is, how to spot it on crude oil price charts, and practical tips for incorporating it into your trading strategy. Understanding Bullish...
Crude oil Daily setup Best Buy between 5700 to 5900 stop below 5300 for the target near 7600
As Per Technical Analysis Crude Oil Looks Bearish we can take short Entry in this. Sell Crude Oil Below 6450, Stop Loss 6485, Target 6400,6380,6350 Only For Educational Purpose.
Crude price may find support b/w 6190 to 6130. below theses level price may fall further. if trend got broken in upward direction on closing bassis trend may reverse. 6500 level will be possible in second scenerio.
Crude Oil important levels to watch are as follows #SUPPORT: 6080 #RESISTANCE: 6160 #buy above 6160 with a strict trailing Stoploss as per your risk appetite. Expected targets mentioned below: Target 1: 6240 Target 2: 6320 Target 3: 6395 #Sell Below 6080 with a strict trailing stoploss as per your risk appetite. Expected targets mentioned below: Target 1:...
Crude oil price again rejected from 200 ema in 1 Day time frame. In 4h time frame clear formation of double top & falling RSI. Price may retest 6000 level, below 6000 level 5700 may also be possible.
Crude oil traded with range-bound sentiments, as it ended with a 0.75% loss, where the up move is possible while taking technical support of 6100, and if the 6500 levels are retested the sentiments may change, as per the 1D chart, it is in a "Right Angled Ascending Broadening Wedge", which indicates a sideways movement, and resistance is placed at 6316 and support...
1. Crude oil Price again got rejected from 200 EMA & respected longterm trendline in 1 D time frame. 2. Close below 6178 may drag the price till 200 ema in 4H time frame. that will be around 6000 level. Close below 6000 may drag the price further to lower trend line.
Crudeoil important levels to keep an eye on according to hourly timeframe are as follows; #Cmp= 6150 # Support = 6020 the region of 6040 to 6020 is acting as a demand zone which means price may bounce back from the region as majority of buying positions can be expected in the demand zone. expected targets on downside after the break of support Target 1:...
Commodity Crude Oil will take fly now?? Marching 200EMA now. Very Positive centiment, Nifty in Bull mode. Lets watch after crossing 200EMA.
sell crude 6208@--20 sl 6239 tgt 6170--6128 yes crude looks tired at hhigher lvl seo slel on with tight sl
buy crude dips on 6220--6200 sl 6141 tgt 6280---6330----- keep sl today inventory also brent crude may lift wti crude let see wht happen
interday--- buy crude dipsssss on 6070-60 sl 6022 tt 6130++++ yes abv 73.80if sustain thna looks big boom 75$++++ yes dedcat bounc expect
As per technical Analysis Crude oil looks Bearish and We can Sell near 6055-57 Level stop Loss 6075, Target 6010,5985 Only for Educational Purpose
Crude Oil Important short term levels are as follows, #Support= 5880 #Resistance= 5960 Buy above= 5980 only after candle closing. Sell below= 5870 only after candle closing. Follow us for more such educational information and give it a like if you appreciate the idea. Queries will be answered in the comment section.
Crude Sustaining above 6100 Looks good to go long Long Consolidation
Hello traders! We have identified a potential short opportunity in crude oil from the level of 6000. Here's why: 1️⃣ Technical Analysis: The price of crude oil has recently reached a key resistance level around 6000, which has historically acted as a strong barrier for further upside movement. This suggests that there might be a reversal in the near term. 2️⃣...
Crude Oil. Bullish Case : COT reports JUST Started turning Bullish BUT yet not convincing. Daily and Weekly Momentum turning Bullish. Now if we get a SOLID WEEKLY close above the falling trendline (around 73.75), it could well touch 90 in coming weeks