Very nice consolidation pattern triangle formed in crude oil 🛢️ 5800 to 5700 level is looking good support zone try to buy near lower trendline next expiry...
Crude views--- already in low mkt rise up side or hold blw 5860 than it melt dwn 5777-5730 expect ---- if mkt up than will more update ys blw 70.50 bear hand in crude looks 69.80--69$ soon
as my old teacher used to say :
"We come from the past to search for the future.. but we stuck in the present looking on what lie ahead"
So this indicator based on non security MTF (HTF) set to daily
there are two type of bands
first is the present ones (color gray and red)
next is past one (based on 100 candle)
as we can that the price of the past bands and...
eys on 5700 if stya blw than expect 5610--5420++++ yes sell on rise with tight sl which based on technical lvl more update stya tuned with us wia whtsup
Bullish Butterfly In Making In Crude Oil
Read Carefully. This Is A Complex & 2 Way Trade.
The Most Important Number is 5540, If 5540 Breaks Then Crude May Fall To 4868.
As Per The Harmonics Buy Will Come Only At 4868 Level.
Buying PRZ - 4868/4900
SL - 4645
Target - 5370/5530
formation of symmetrical triangle in crude can be seen in the chart above.
targets for long and short are marked in the chart above.
take entry upon 5 minute candle closure.
