Crude updated levels,fall from exactly resistance area How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
WTI Crude Oil 4H Chart – Bullish Setup from Demand Zone📈 Current Price: $61.74
🔵 Key Zones & Levels
🔹 Demand Zone (Buy Area):
🟦 $59.48 – $61.39
→ Price expected to bounce here
→ 🔄 Potential reversal zone
🔹 Entry Point:
🎯 $61.39
→ Ideal level to enter LONG
→ Just above demand zone
🔹 Stop Loss:
🛑 Below $59.48
→ Exit if price drops here
→ Protects cap
Channel Rejection in Oil – Is $68 Next?💼 Strategic Action Plan:
🔴 Bearish Setup – Reversal from Channel Top:
Sell Zone: $73.00 – $75.50
Stop Loss: Above $76.50 (channel breakout invalidation)
Targets:
🎯 T1: $71.00
🎯 T2: $68.00
🎯 T3: $64.00 (mid-term swing target)
Momentum is weakening after a sharp run-up, making this a high-ri
Crude oil update-4th June.Crude oil update
It has form a WXY as an irregular correction and now forming an Next impulse to the upside
which is forming from 59.80 lows to the upside 63.75 which looks like 5 wave and wave W corrected in 3 wave
and X wave have 3 wave pattern, which opens of other probabilities for larger corre
USOIL - to test $59.5 or lower?
TF: 240 minutes
The script has left a FVG (Fair Value GAP) at $59.3 and it is most likely to be tested first before making any move on the upside.
The supply between 62.7 and 63 is quite strong for now.
Trade with caution
Disclaimer: I am not a SEBI registered Analyst and this is not a trading
WTI Crude Oil Bullish Breakout Setup – Targeting $65.80Chart Breakdown:
1. Trend Structure
📈 Uptrend Channel
Price is respecting a rising trendline.
Multiple touches (🟡 dots) confirm the trend is valid.
Higher highs and higher lows indicate bullish pressure.
2. Key Zones
🟦 Demand Zone: $62.19 – $62.36
Strong support area!
EMA 70 (📉 line) sits ri
XTIUSD / CRUDE OIL / CL Analysis 21-May-2025: Bull or Bear?LTP 62.70
Supports: 55/54.55
Resistances: 64.89/71.21/79.55/83.93
As long as 64.89/71.21 resists, we can see more downside.
Targets on the downside: 55.77, 51.93, 48.64, 45.77, 41.21
On the upside, important resistances 79.55/83.93.
Break of these two levels, we can see big bull run towards 121/233
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Displays a symbol's price movements over previous years to identify recurring trends.