USCRUDEOIL trade ideas
HHV LLV based TrendHHV and LLV gives good information about the trend.
A trend will be visible when its seen with fast and slow line cross
UP trend: HHV_fastline = HHV Slowline and LLVfastline crossover LLVSlowline
DOWN trend: HHV_fastline crossunder HHV Slowline and LLVfastline =LLVSlowline
Attempted to plot the same with multiple options to choose fastline length, slowline length, Multi time frame .
Crude taking support at current price since crude is trading same zone for many days now it is preparing to move up till recent high.
CrudeCrude oil now trade at Resistance zone.
93.8$/98$ if not close or sustain then we seen again profit booking
CRUDE - WELCOME SMASH CRUDE - Above resistance We can bug smash till $120 Else Full Down
Time frame - WEEKLY
Objective:- Major resistance zone $93.48
1 Above resistant $120
2 If resistance work than we can see down fall till $72 64
3 wait for confirmation to upside else go short side near $92.50/93
Disclaimer - View just for Educational purposes.
US Oil - Crucial Level 93.08. Live market Analysis
It is getting regular resistance at 420 degree Level. Next 420 degree level is 93.08, marked by a
thin dotted tend line, when price reaches this level of 93.08, it will have three touches at 420 degree levels.
So, if you are long please be careful. Not advised to open any new long position. Only when this level is breached decisively, then only buy.
Please refer to my previous coverages on US OIL. Link provided.
US Oil Sell below 91.19 Live Market Analysis
Please refer to my post on US Oil in the morning session. Link provided. US Oil is going to 87. Square off your long position.
US Oil- Live Market Analysis
Levels to watch 91.31 - 91.29
$91.19 is a crucial Factor. Sell below this after close of this 1H candle, if 91.19 is not broken decisively upwards. As mentioned earlier 93.3 is a major resistance for CL. Not advisable to create any long position before that.
It is only for educational purpose. I am not a registered analyst with any of the National/International institution.
Crude Oil ShortRisk 0.5%
TP1 = 1:2.5 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
US Oil $92.36 major resistance
Daily Chart. Beware of the above level. If it touches this level today, please square off your position. May reverse till 11th of October.
Please check my earlier discussions on US Oil. Link provided.
I am not a Registered Analyst with any of the National/International Agencies. Please consult your financial advisor before making any decision.
US - Oil Long above 87.33
86.8 is a crucial support and 87.33 is a major resistance for the next day of trading for US Oil. Refer to my previous ideas on US Oil. Link provided.
Please trade with indicators like RSI/William R% and moving averages.
This is only for Educational Purposes. I am not a Registered Analyst with any of the National/International Agencies. Please consult your financial advisor prior to making any decision.
Crude oil, US oil, Success meet sessionThank you for your trust : please follow for more videos on YouTube @black_numbers_law
US Oil - Heading towards $100
Please refer to my previous posts on US Oil. Link provided.
Trade with proper discipline. Use other indicators like William R%, EMA, SMAs. Crucial level is $81.3. That seems to be broken. It is previous swing high also.
Disclaimer: I am not a registered Analyst with any of the registered regulatory authority. Before making a decision, please consult your Financial Advisor.
Let you grow, May! I follow you.
Thank you
XTI USD upside move possibleXTI USD upside move possible
Buying above the 81.47
Stoploss 79.14
Target 86.10
W pattern break out
XTI USD down side movement possibleXTI USD down side movement possible
Selling below the 79.50
Stoploss 80.72
Target 77.02
US OIL
Completed its full circle of Elliot wave i.e. 1,2,3,4,5. Completed counter waves of A, B and in the process of completing C. Stuck up in the circle.
The Lower white line is not likely to be broken. C wave likely to be broken within this line.
For execution we will have to refer to 1H Chart. 1H Chart shows price above 200 SMA but 100 SMA is below it. May, take some candles to reverse the situation and may be by Wednesday(i.e.) inventory day of US oil become fully bullish.
Please refer to my earlier posts on US Oil.
This is just for educational purposes only. I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision.
crude spot crucial update blw now days its consolidated zone---crude eyes on 80.60$ if sustain abv thna mkt up side 81.30--82$ expect or if hold blw 80.60$ or blw 79.50 sustain than expect dwn side 78.50-78$ soon...in mcx 6666 eys on if break or not already gvn update or more update soon
USOIL shortwait for break and close below the support zone. we can plan a short trade at the retest of neckline of double top
Oil in sell positionHello, we will probably see a decrease in the price of oil in the 4-hour vision.
I will take a sell position with an appropriate loss limit
XTI USD down side movement possibleXTI USD down side movement possible
Selling below the 78.04
Stoploss 80.27
Target 73.59
crude spot crucial update blwcrude made 77.60$ almost double bottom now if sustain blw than nxt tgt may be 75.80-75--74$ expect as per chart or if abv 79.80 thna mkt may be revert for again up side let see in jackson hole report -- in mcx 6427--20 strong suport create at daily chart if blew thna 6338--6310--6270 expect or hurdel 6679 for nxt up side .
