Analysis on Gold, Silver and CrudeOil | Price action I daily make educational content videos on markets.
WTI1! trade ideas
CRUDE OIL 12.07.2022: entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
CRUDE OIL SHORT TERM CALLhello friends as you can see in crude oil 1 hour chart if breakout down site then you can take sell position because in 15 mint chart head and shoulder pattern is there if break preserves day low then take sell position thank you please like and comment me.
Crude oil breakout Mcx Crude oil has breakout intermediate Trend expect price fall towards 7880 from 8220
Expecting Crude Oil Upcoming Down side TGTs from 7th July 2022Expecting Crude Oil Tgts Down side
Analysis done as per Volume Analysis in Trading view tool from Dec 20121 to till 06 th July 2022
TGT 1 - 7098
TGT 2 - 6631
Disclaimer: These are for learning purpose only. It is not a trading advise.
Crude oil weekly analysis After a 2020 crude oil recovered and makes new all time high of 9996. Crude oil completed it's 5 wave impulse move in the month of march and from that time it's making a correction. As per current price action crude making a expanded c wave flat correction. Crude can go up to 6000 or may be lower than that but major strong support will be 5000.
Big Fall in CrudeOilThe markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc.
Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%.
Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from where it fell down.
In last month it tried to break the supply zone but it failed. It is clearly visible on weekly timeframe that it couldn't break the supply zone.
On the Daily timeframe we can see the formation of Head and Shoulder pattern from which it has broken down the neckline yesterday. Right shoulder was made from the strong resistance at 8850 from where it got rejected twice.
It is also forming a downward moving channel.
On 4 hour timeframe it has broken down the support with good amount of volume.
Today it is moving in lower part of the channel and I think the closing of the candle will be below 8100.
The MACD and RSI have turned bearish on multiple time frames. If the price of USOIL sustains below $100, we can see further down move in the coming weeks or months.
Disclaimer: This post is meant for learning purposes only. Invest your capital at your own risk.
Crude Oil Ichimoku BreakdownCrude Oil
Ichimoku Cloud Setup :
1). Today's close is below the Conversion Line
2). Cloud is broken with volume
3). Chikou span is slanting downwards
All these parameters are showing bullishness at CMP,
and more bullishness will be visible after it cross 1300.
If 96$ is broken then 87$ is very much possible. If sustain above 102$ then regain at 109$.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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2) I know that not every day will be a trading day and I'm okay with sitting out until a setup appears.
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Crude oil shortShort crude oil for tgt of 106 & 100. As crude oil is facing a huge resistance near it's supply zone.
Simple Trade Setup | Crude Oil | 04-07-2022 [INTRADAY]MCX:CRUDEOIL1!
Trade Setup for 04-07-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Crude oil bullish inverted h & s formedCrude oil made inverted head and shoulder in 15 min time frame. Can reach a level of 8955 on short term.
Crudeoil Future Price Action Levels 30/6/2022Crudeoil
Resistance 8760-8880
Support 8670-8535
Trade As Per levels.
Crudeoil Price Action Levels 28/6/2022Levels In Chart
Trade Accordingly.
Above Blue Line Positive.
below Red Line Negative.
Simple Trade Setup | CRUDEOIL [JULY22 FUTURE CONTRACT] |INTRADAYMCX:CRUDEOILN2022
b]Trade Setup for 27-06-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
