Crude - A good support to Reliance now !!!!worldwide Crude has been given buy calls and its expected to move up which usually lifts Reliance and sometime good spikes. This time Crude is taking support and moving up because of bullish trend and new ATH in US equity. Bullish economic outlook and expected FED rate cuts lifting crude now. Its Buy call worldwide now.
USCRUDEOIL trade ideas
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USOIL is ready to rock🚀US Oil is at important zone formation of Descending triangle pattern. If this sustain near Support then we can see a good upside move if break then see a huge fall. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
Crude Oil Analysis - Looking Good RR in Down sideCrude oil faces resistance at the 200 moving average after break down rising wedge patern, indicating a potential 1:4 target. Traders may consider this point for planning their positions, keeping the SL in mind.
looking good RR we can take this risk but make sure to cut positon above 200 EMA.
WTI Crude BullishW pattern in making
already reversed from Double bottom.
rest all levels are marked on the chart.
Breakout Based:-
Buy above 92.5
SL 87.5
Tgt 108 - 118
Support Based:-
Buy near 82.8
SL 79.5
Tgt 92.5 - 108 - 118
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