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 !
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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
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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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Futures on Brent (mini) is Jul 1, 2025.
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 Futures on Brent (mini) before Jul 1, 2025.