Crude oil at previous demand ranges in higher timeframes.Check the chart..Longby Velmurugan_SimpleTrader2
CRUDEOIL --THE ELLIOTWAVE PERSPECTIVE IN QUESTIONBIGGER PICTURE OF CRUDE OIL ---- AS PER ELLIOT WAVE Crude oil has been in corrective mode since July 2008. I had 4 hurdles for crude oil to breach itself to go towards its life time peak...By the time I m posting this...its already through with the 3rd hurdle... CASE 1: If crude oil unfolds into motive wave sequence(1-2-3-4-5) and also breaches key level for bulls and bears...It may result in positive structure for crude oil...Bulls will be more confident then on...But this scenario is not good for economies importing crude oil... CASE 2: If crude oil fails to breach the key level for bulls and bears... bears may start smelling honey in crude 😀😁😉 As of now bull party🚀 is on...by ravaye272
Crude oil Hourly wait box breakout.Giving mixed signal, wait for the market to move in any one direction.by Velmurugan_SimpleTrader0
CrudeOil Losing momentum in hourly, expecting a small correctionCheck the chart for information and major Time frame's Supply and demand ranges.. Shortby Velmurugan_SimpleTrader2
Crude oil hourly, Supply and demand levelsCurrently in strong buy, close above 64.84 will make new high. close below 63.38 ~ 63.80 will be sign of trend reversal. trade with confirmation in lower time frames 15 and 5 mins.Longby Velmurugan_SimpleTrader0
Line tool Customized for Multi Timeframe view.Professional Price action trader's analysis will be from higher time frame to lower time frame. Higher time frames like Monthly, Weekly, daily, 4Hour are acts as Major Supply & Demand levels for any script. Lower time frames 1Hour, 15min, 5min are used to enter the market. In the chart of USOIL, I have mentioned the major Supply & Demand ranges in line and its text options. MSR - Monthly Supply Range WSR - Weekly Supply Range DSR - Daily Supply Range DDR - Daily Demand Range 4HDR - 4Hour Demand Range For Positional traders, it will be help full to see all major time frame Supply & Demand ranges in 1Hour chart to proper entry with good Risk to Reward ratios. Also no need to switch between Higher time frames every time. Hope everyone will utilize this content & take your trading journey to the next level. Take care & Trade wisely.Educationby Velmurugan_SimpleTrader114
Crude oil Hourly, currently in downtrend.Daily time frame forms new low after yesterday close. If it closes below next demand zone in daily and weekly time frame, we can expect a good correction for the previous bull market. If new high forms in hourly (reversal in hourly = buy sign) trade accordingly.. Shortby Velmurugan_SimpleTraderUpdated 0
Crude Oil Hourly inside BoxTrade in the direction of higher time frame. All Higher Time frames giving Buy sign, except in 4Hour. While market at the bottom of the 4H channel, If Hourly makes new high then it is high probability to move higher.by Velmurugan_SimpleTrader0
USOIL moving towards Ascending channel support zone in 4 hrs tfUSOIL moving towards Ascending channel support zone in 4 hrs tf expecting to each S3 level and reverse Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk. Shortby ponraj_srinivasan662
Crude oil 4H in ChannelTrade with reversal confirmation in (1Hour) both direction.by Velmurugan_SimpleTrader221
USOIL 1H TF Demand for crude oil is dependent on global economic conditions as well as market speculation; A Good opportunity to hop in as the price dips. Disclaimer- For educational purpose only. Encouraging you to do your own analysisLongby GurleenKaur1
Usoil - Strong up movementPrice breaks the trend line strong and trying to break the first resistance to reach the second one which is seen more stronger than its counterpart. As if now things looking good for those who took long position well before, for the new entries wait for the price to break and close above the first resistance for the target of second. by Tradersasi232
USOIL - Long future prediction for wave COm Namah Shivay If the structure of C is impulsive, then we assume, that W1 is made, Wave 5 can reach the calculated region or more than that atleast. The wave 4 will be side ways with possible one leg upside movement. There is possibility of w5 complex or there will be longer time consuming during those days to go up. We are just predicting based on EW analysis of the possibility. It can be so different than our limited assumption. Om Namah Shivayby sudhannayak1
Interesting Numerology with USOILOm Namah Shivay Brothers, doing USOIL analysis for the first time. We find interesting numerology with the structure. The beautiful ABC and We may be able to See the future C. Om Namah Shivayby sudhannayak110
Crude oil Hourly Buying opportunityBuy after Trend reversal confirmation in Lower TF (5min).Longby Velmurugan_SimpleTrader111