EA's Optimistic View: IEA forecasts global oil supply to outpace demand, with non-OPEC countries leading the rise. OPEC's Limited Options: OPEC faces challenges as demand for its oil is predicted to decline, limiting room to lift output without oversupply risks. Dubious Non-OPEC+ Increase: Doubts arise over IEA's projection of a 1.6 million barrels per day...
Reason for long a) HSP long b) Super vwap breakout c) Powered by weekly breakout d) QQE support e) channel support for long f) Good risk reward zone g) SL compulsory
Crudeoil Update || 15 Feb Timeframe: 1 Hour Strategy: Short 🔸Bearish below 6310 - target 6270, 6230 💥Crude oil prices decline due to an unexpected 12 million barrel 💥Increase in US crude stockpiles, according to ANZ Bank. 💥Gasoline inventories drop by 3.7 million barrels, mitigating losses. 💥OPEC's monthly report fallout continues as Iraq and Kazakhstan commit...
Sell MCX crudeoil March contract CMP 6385 for a target of 6203 SL 6462
Timeframe: 1 Hour Strategy: Long 🔶BULL above 6400 --- target 6486, 6520 🔶WTI crude futures stayed around $77 per barrel, near a two-week high, due to ongoing tensions in the Middle East. 🔶Israel's airstrikes in Gaza and Hamas ceasefire rejection impacted oil prices, but talks in Beirut hinted at easing tensions. 🔶Concerns about inflation and potential delays in...
Brakout from Linear regression channel possible in Crude oil..
Timeframe: 4 Hourr⏰ Strategy: Neutral WTI crude rose above $76 per barrel, up nearly 6% for the week, driven by ongoing Middle East tensions. Geopolitical events, including an Israeli-Hamas conflict and a US strike in Iraq, influenced prices. Additionally, US gasoline inventories dropped more than expected. If it fails to sustain above 6300, then crude will...
As my previous analysis my first target is almost reach. My Nest target are: 2nd: 6526 3rd: 6799-6800 But I'm expecting a profit booking will happen and price may consolidate or down by 6240.
Crude oil break the down trend. and now consolidate. Here I have mention the target details: 1st: 6332 2nd: 6526 3rd: 6799-6800
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
📊 Trading Marcos' Weekly Analysis - Crude Oil MCX Feb Future 📈 CRUDE OIL 17 FEB FUT LEVELS 🛢️ Weekly Range - 550 Analysis: The weekly analysis for Crude Oil MCX Future suggests a favorable trading setup: Buy Levels: Buy at 6318.9 🎯 Target 1 - 6369.9 🎯 Target 2 - 6580 Average Position: 6254 📈 Buyer Stoploss: 6135.57 🛑 Sell Levels: Sell at 6189.1 🎯 Target 1 -...
Lots of News and Up n Down. Will More fall be there in Crude or it will Consolidate here for sometime. We will wait for inventory Data and Any news RED SEA NEWS and WAR NEWS will have major impact on this.... Till Enjoy weekend and do your study chart and levels is here.. :)
📊 Crude Oil - 17 Feb Fut Analysis 📈 Crude Oil 17 Feb Fut Levels : 📅 Day Range - 221 Point Buy at 6115.58 🚀 🎯 Target 1 - 6166.58 🎯 Target 2 - 6251 ➕ Add one lot at 6089.5 🛑 Buyer SL - 6053.42 Sell at 6063.42 📉 🎯 Target 1 - 5893.42 🎯 Target 2 - 5809 🛑 Seller SL - 6125.58 Analysis: Crude Oil's 17 Feb Fut levels propose a buying opportunity at 6115.58, aiming for...
#CRUDEOIL || 2nd FEB || Intraday setup 🔸Timeframe: 1 hour 🔸Strategy: Short Target - sustain below 6157 INVALIDATION above 6200 ________________ The OPEC+ monitoring committee's decision to maintain oil-output cut plans and the expectation of a gradual reversal of cuts have provided support to oil prices. The high conformity among members adds to the market...
🛢️ CRUDE OIL 17 FEB FUT LEVELS 📊 - Trade Alert! 🚀 📅 Day Range - 172 Points 📈 Buy at 6396.3 🎯 Target 1 - 6419.3 🎯 Target 2 - 6485 💡 Add one lot at 6376 🛑 Buyer SL - 6345.7 📉 Sell at 6355.7 🎯 Target 1 - 6206.7 🎯 Target 2 - 6141 💡 Add one lot at 6406.3 🛑 Seller SL - 6406.3 Trade wisely and good luck! 📈💹 #CrudeOil #TradingAlert #MarketWatch #FinancialFreedom...
TIMEFRAME : 1 HOUR Indicator Used: The analysis involves the use of the 100-day Exponential Moving Average (EMA), a common technical indicator in financial markets. Sustainability Requirement: The focus is on whether the price of crude oil can maintain its position above the 100-day EMA. Bearish Signal: If the price fails to sustain above the 100EMA, it is...
crude mcx looks rounding pattern which is showing if mkt hod abv 6300 than nxt up side move 6680-6750++++ where spot abv 78.55 looks 81--82$ soon as per chart structure or if break or close blw support 6280 thna it may reject
🔶Timeframe: 1 hour 🔶 INTRADAY TARGET - Target: 6360, 6380 🔶Oil prices dipped due to weak Chinese economic data, but monthly gains are expected amid escalating Middle East conflicts. U.S. inventory data showed mixed results, while concerns about demand persist. 🔶Crudeoil inventory data at 9 pm today.