OIL_CRUDE trade ideas
US - Oil - Life Time Analysis
Three Horizontal Lines have been drawn. Upper most line is the 79.72; showing weekly Horizontal Support. Here, it is showing a reversal.
Lowest Line is the line where two previous lines have made trend line. But, these trend lines are not final unless, third valid point is traced.
Time remaining for the week to end is around 2 days and 20 h. Please wait for the week to end or the price to retrace from the lowest most line so that a level gets confirmed.
Please check me previous posts on US Oil. Link Provided.
I am not a Registered Analyst with any regulatory agency.
Let you grow and I may following your foot steps.
Thank You.
US OIL Breaks 4 Hr Consolidation Channel
US OIL Breaks 4 Hr Consolidation Channel which is opening fresh downside toward 77 $ - 74 $
US Oil
Long with SL at 78.4. Please refer to my previous post on US OIL; Link provided. Its not a recommendation. I am not a registered analyst with any of National or international agency.
Trade with proper discipline.
#USOIL2 consecutive days close above Open
No Overlap on 30 mins
Towards 81.20 / 81.38 / 81.73
On the verge of fresh move
Crude Oil _ ShortIf 4 hour candle closes below 82.3$ then initiate a short position. Stay Tuned to get update when I will execute my Position.
crude spot crucial update blw for trader dontmiss it4th hrs chart trend line breakout blw 82$ looks dwn fall 81.10--80.30$ expect yes sell on rise or ble 81.55 no way to stop for dwn sl will be 82.80. or abv 83.55 it will show power only - or if hold abv 81.55 thna also mkt dedcat bounce expect only. yes big breakout soon 15 aug rally offer gold crude silver more update stya tuned with us -- dontmiss it or don"t stuck wrong side
US- Oil - Let the Channel break out either way
US oil - 1h executable level. Price is stuck up in a channel. Let it break down any way. Check out the support levels marked by green parallel lines. $ 83.23 is major resistance as discussed in my previous post.
Will try to attach.
Thank you. Happy to share.
US- Oil - Stay Long above $83.23.
Stay Long above $83.23 Level and if it crosses "c" Level of 84.76, expect target of S91.81. Crucial level is 84.76.
The author is not registered analyst with any national/international regulatory authority. It is only for educational purpose.
Author used his own leading indicator, created for educational purposes.
US OIL - Likely to retrace till 78.25 (45 degree) of more
Author uses Gann, Fibonacci and Wave Analysis along with his own indicator, which is a leading indicator developed with reference to confluence of all these approaches. It helps to curtail cumbersome process of PTV(Price- Time and Volume Analysis), while investing, swing and intraday trading.
Please refer to Author's earlier post as well.$83.23 is the crucial level where price of US Oil is stuck up. Marked here are two triangles:
1. Bigger Triangle with yellow and
2. Smaller Triangle in Green.
3. Price has already made five waves marked in black. Now counter waves A B & C will be created and then only upward movement is likely to start. Unless there is gap up movement on Monday.
Don's go long till common hypotenuses of both the triangles are broken
Most likely scenario:
1. Oil will retrace back to $78.25 (45Dereei.e. bottom of this triangle, and if that level is not broken, expect recovery from there to $91.
2. Base of Green triangle is broken, bears will dominate and it may retrace to any of the levels marked as pink.
Disclaimer :
The content has been created for educational purpose. Author is not a Registered Analyst with any of the National/ International Regulatory Authority.
Happy to share. Let's grow together
crude interday update blwsell crude bl 6840 sl 6889 tgt 6770++++ sell looks dwn fall blw 82.30 dwn fall 81.70+++
USOIL LONGUsoil broke above 83.4 resistance zone.
wait for a retest and candlestick conversation to buy around 83.4.
CRUDE OIl ShortCRUDE OIL has formed a continous 6 weekly bullish candles expecting a profit booking, 81.5$ is crucial support, major profit booking below this till 80$.
(mcx levels below 6740)
Crude still more upside left A small pullback is expected in Crude and then further can go till Harmonics D point. Looks bullish till $81
usoil sell / crudeoil sellcrude has falling from supply zone reacting to the resistance. trade setup : short crude / sell usoil
crude spot or mcx update blwnow crude nymex wti overbought side in daily chart esy on 79.55 if sustaina bv thna expect 80.40-81$+++++ where support 78.20--78 if sustain blw than bear turn will active soon till 77-76$ over all eys on fed speech if boost for economy thna more up side other wise game over in crude
mcx crude eys on 6555 if stya abv or close abv thna see 6680-6713++++ where 6812 laxman rekha will mpre update in trade hrs where support 6280@ blw will bear turn more update stya tuned with us
