Crude trendline breakout, big breakout above horizontal lineCrude coming out of falling wedge. Big breakout on crossing above horizontal line.
WTI1! trade ideas
crudeoil futures intraday crudeoil futures intraday after 6pm to 11pm this is my study analysis. This is a flag pattern now crude trading in 15min chart time frame.. just sharing for study purpose not any call suggestion.
Crudeoil reversal zones 13-2-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
Crude, Feb'2023Publishing here with my idea about crude for Feb'23, it is requested to read this with weekly ideas
price is at a very important point, upper body of a yearly candle
Crude Oil (MCX): Monday - 13/02/23Levels:
Support: 6500, 6460, 6375, 6335, 6300
Resistance: 6620, 6700
OI Data (15th Feb Expiry):
Nearest Major Resistance in Crude per OI data: 6600
Nearest Major Support in Crude per IO data: 6400
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 6620 | 6550 | 6660 | 6700
-----------------------------------------
SELL | < 6500 | 6550 | 6450 |6400
+++++++++++++++++++++++++++++++++++++++++
Silver day, 10.02.2023Publishing here with a unique silver patter which is making it a rangebound and price may move upside gradually
Light Crude Futures - Trade Idea
Break out and breakdown levels marked on the charts. Expect multiple retests within the channel before final price action
Watch for price action at crossover of trendline - Pink and orange trendline below
Buying in crude oilBuying setup in crude oil after retracement small stop loss . Enjoy weekend trade
Crude Oil (MCX): Thursday - 08/12/22Chart:
Logic:
Levels:
Support: 6420, 6300, 6250, 6175, 6075
Resistance: 6500, 6550
OI Data (15th Feb Expiry):
Nearest Major Resistance in Crude per OI data: 6500
Nearest Major Support in Crude per IO data: 6400 (shifted from 6200 y'day)
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 6500 | 6450 | 6560 | 6600
-----------------------------------------
SELL | < 6380 | 6420 | 6300 |6250
+++++++++++++++++++++++++++++++++++++++++
Shooting Star in crude oil Shooting star or inverted hammer in crude oil small stop loss and big targets , enjoy the trade
Crude Oil (MCX): Tuesday - 07/02/23Levels:
Support: 6250, 6175, 6075
Resistance: 6300, 6400
OI Data (15th Feb Expiry):
Nearest Major Resistance in Crude per OI data: 6500
Nearest Major Support in Crude per IO data: 6200
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 6300 | 6250 | 6350 | 6400
-----------------------------------------
SELL | < 6200 | 6250 | 6100 |6050
+++++++++++++++++++++++++++++++++++++++++
Light Crude OIl 4 hr, 05.02.2023Publishing herewith my idea about Light crude oil for week and beyond
Short crude, Negative divergence in Rsi Short on crude as rsi has formed negative divergence
Target -5330/5540
SL - 6261 CBLS
light crude oil 4hr, 03.02.2023publishing my idea on crude oil
price is following a downward weekly trend line
it is strong support zone so go with the levels
triangle pattern in crude oilin crude oil the triangle pattern formed and waiting for the direction to breakout
M pattern also waiting for activation .. waiting for the breakouy
Crude Oil (MCX): Monday - 06/02/23Levels:
Support: 6350, 6300, 6200
Resistance: 6450, 6500, 6650
OI Data (15th Feb Expiry):
Nearest Major Resistance in Crude per OI data: 6500
Nearest Major Support in Crude per IO data: 6300, 6200
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 6500 | 6400 | 6600| 6700
-----------------------------------------
SELL | < 6400 | 6450 | 6300 |6200
+++++++++++++++++++++++++++++++++++++++++
light crude oil,4hr,02.02.2023Crude perfectly followed the levels published with earlier idea
price is near a support level caution needed
Crude oil breakdownHi
The PA suggests that the crude is good to short right now. I had missed the opportunity to short the previous breakdown (which you can see in the trailing chart).
I made the chart well before but kept sleeping on it. Nevertheless, currently I am short on a 15 min timeframe.
Will review it on one hour later.
Possible Target Achieved for Crude OilAs analyzed earlier. Targets achieved with small Sl and Good Target Points.
