Crude Oil ,$MCX:CRUDEOIL1, $ICEEUR:BRN1!, $NYMEX:CL1!This is a bullish pattern in Quarterly t/f and
One more is in making in Monthly t/f
Target seems to be around 150$ Let see how it pans out
Cheers !
Related commodities
BRENT CRUDE at 2023 support zoneprice is at 1year support zone, if support breaks we can a extended fall till target 3 and target4
Crude oil making base after a rally from low of 15$-25$ to 100$Crude oil taking support a lower end of the chart and making long term base after a huge rally from all time lows...
Crude oil seems bullish. crude oil on charts seems super bullish. From India context it seem bearish for Nifty.
just for educational purpose.
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Brent Crude ShortI have observed double top patterned is formed in daily chart. I have also drawn regression line into it. Based on both technical analysis, short term move upto USD 89 per barrel can be expected.
This move is for short term. We can expect fall within 1-2 days.
Brent Crude We applied parallel line and 20 moving average on weekly basis. Currently brent crude is trading at USD 97.31 which is upper range of parallel line and just above 20 moving average on weekly basis. If, brent crude could cross USD 100 psychological level on daily closing basis, we could se a good ral
short crude @99 or 100Short crude 99 or 100 for target 92.80
now global situations are bearish thats why short ing crude will give benefit ,
Crude Futures Sideways to NegativeCrude Futures seems to be trading near the top trend line on Monthly chart. Sideways on weekly chart with a Negative divergence. keep Watch closely shorting opportunities may be coming soon.
CRUDE OIL at important juncture - 87, Trade Setups in Daily.Check 'CRUDE OIL at important juncture - 87, watch for Oil companies ' where i have explained the logic of these trades in details.
Sustaining above 87 will mean break of important resistance, change in structure.
Buyers are wiling to buy higher, enter with them.
1. BUY if it sustains above 87.
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Brent Financial Futures (Jul 2030) is 67.88 USD — it has risen 0.41% in the past 24 hours. Watch Brent Financial Futures (Jul 2030) price in more detail on the chart.
Track more important stats on the Brent Financial Futures (Jul 2030) chart.
The nearest expiration date for Brent Financial Futures (Jul 2030) is Aug 1, 2030.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Brent Financial Futures (Jul 2030) before Aug 1, 2030.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Brent Financial Futures (Jul 2030). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Brent Financial Futures (Jul 2030) technicals for a more comprehensive analysis.