Is Crude taking a small support and targeting towards all time high.... only time has to say!!!!
Crude oil Study - Pattern - Falling wedge Candle stick - Two hammers on 15 min time frame confirmation upside move tgt 7500,7538 SL- 7460 This chart is Only for educational purpose
crude spot eyes on 91.50 if stya abv thna mkt nxt up side 92.30-93$ wjere if hold blw 90$ will see dwn sid emove 89--87$ expect as per chart-- in mcx 7560 if clsoe abv thna think nxt rally otherwise mkt soon 7450-7400 or blw 7370 thna after bear mode active more lvl stya here with lvl
The symmetrical pattern means a neutral chart pattern with two converging trend lines. More likely to break out in the direction of the prevailing trend. SELL BELOW - 7470 BUY ABOVE - 7580
If price crosses above 7500, targets can be 7550, 7650 and 7750 depending on the holding period.
CrudeOil important levels to watch are as follows #Support: 7460 Sell below: 7460 only on 15 minute candle closure below the level. Target 1: 7400 Target 2: 7315 #Resistance: 7560 Buy Above: 7560 only on 15 minute candle closure Above the level. Target 1: 7645 Target 2: 7740 #Remember each level will act as a support and resistance individually so...
Crude Oil Elliot wave correction wave ABC - completed after a fresh uptrend Reversal from 7353 support levels seen Target - 7699 Stoploss- 7430 This chart is only for educational purpose, do your own study before doing any trades
crude sustaina v already 90.55 thna expect 91.50--92.10 in mcx 7555--60 if stya abv or close abv thna nxt tgt 7700++++ let see lvl firstt
Russia's diesel export ban sends European prices soaring, amid geopolitical tensions, which could also lead spike in crude oil prices.
Look closely at the chart. Each time crude oil tries to gain upside momentum, it falls back to the same support level.
Fed rate hike signals pushed oil prices lower, with Brent crude closing at $92.40 and WTI at $88.57, marking a second day of losses. Analysts expect consolidation to continue, with short-term tightness supported by supply constraints. SUMMARIZE: We are expecting crude oil to fall between - 1.5 - 2.7% within this week
Disclaimer: Am not SEBI Registered Consultant. This is for Educational Purpose only. Please consultant your financial advisor before any financial decisions made. Sell near the Grey Zone (Supply zone ) and exit the trade beyond the zone.
Inverted head and shoulder pattern This chart is only for educational purpose
Technical Analysis: Crude oil is currently trapped in a demand zone. This means that there is a concentration of buyers at this price level, which is preventing the price from falling further. If the price of crude oil can break through the resistance at the top of the demand zone, it will likely continue higher. Trading Strategy: Traders who believe that...
Crude Oil Study As per Elliot Wave theory Last wave is still left for upside Time frame for analysis - 30 min Target 1 - 7568 Target 2 - 7608 Target 3 - 7630 Target 4 - 7664 Target 5 - 7718 Target 6 - 7776 SL - 7400 This chart is only for educational purpose do your own study before taking any trades
Overbought Crude Oil Price Action seen Rsi - oversold chart pattern - Extended M pattern, Bearish Engulfing on 15 min time frame. Target - 7500 spot SL - 7650 This chart is only for Educational purpose do your own study before taking any trades
Hello Fellow Traders, I am bringing one more EW chart analysis for your kind perusal. Expected WAVE C Projection is 6399 - 6292. before it resumes new impulsive WAVE.
one more high possible before Wave 4th Correction. Its Moving in 5th of 3rd After Completion of this wave will see Fall 38% to 50%