Crude WTI sell continuesly given from 86 , now start buy on dip Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Trade ideas
USOIL ORDER BLOCK | SHORT TRADEUSOIL ORDER BLOCK | SHORT TRADE
Hi Traders,
This is Usoil 1hr Order block tarde we can see selling from
this level..
At this level we can see some Liquidty pool.
Here we can take trade with 5 min CHoCH.
5 min CHoCH is best to take Short Trade
Note - Only for education Purpose
Follow for Daily Forex Update
Oil turnaround to upside ?Recent developments in the US oil market have sparked optimism among analysts, as prices appear to be finding solid support on a macro trendline when viewed on a weekly timeframe. This suggests that after a period of volatility, oil might be gearing up for upmove.It might check the levels to upside from here with targets of 80,82,84 above.
US OIL WTI : Bullish - Falling wedges + inverse Head & ShouldersUS OIL WTI : Bullish - 2 falling wedges + Head&Shoulders
Wti crude oil can rise higher because of current geopolitical tensions. OPEC countries have reduced their daily production of barrels of oil.
Technically:
The wolf of Zurich has detected 2 "Falling wedges" and an " inverse head & shoulders" .
These chartist patterns could raise the price of WTI oil around 96$-98$ and even up to 106$ ;
However a divergence with their ROC ( Rate fo Change ) has been detected and we could go back down to the levels indicated on the graph 81$- 79$- 73$ ,and then 67$ dollars.
To monitor EMA.50 and EMA.200 on different timesframes
be careful !
have a good day to all
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.
US will change it course on the situationDiscover the serenity of joy and peace in every moment, enriching your journey with sublime beauty.
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