SPOTCRUDE trade ideas
#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
Crude OIl - 200EMA resistanceThere have been 5 instances in the past 1 year where crude has tried to cross back above the 200EMA and each time fallen back down below it the following day..
Makes for a very interesting low risk crude trade...
Use the 200EMA as a SL..long above it..get stopped out below it..
Personally for me if crude can stay above it then certain select crude stocks will continue to do well..
USOIL POSSIBLE SETUPAll mentioned in chart.Check the zones its for smc trader if any ther idea if u have kindly share FX:USOILSPOT
Usoil LongUsoil approaching golden zone on 4 hr time frame.
look for candlestick or pattern confirmation at golden zone around prices 74.50-74.90.
it is the breakout and restest of major resistance and also a golden zone area .
crude spot anaylsysis and mcx crude spot sustain abv 76 looks 77-77.80$ in mcx now last call was low made 6185 or sl hit now may be go 6300+++++++
