CFDs on Brent Crude Oil
As per Elliott wave structure and along with running trend sequence USOIL Crude oil is looking sell now or on rise (if any) with invalidation level of $ 90.17 Also RK's mass psychological cloud is suggesting to go short Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a...
Im shorting Crude with a strict SL of 80 (DCB)... Possible positional targets of 55...
A Harmonic chart is presented as per the current price action for Study purpose. A reverse is happened already from the reverse point, D and it may re-test. $67.71 is another strong support. It can see that the today inventory outcome is not in favor to the price and it may test $67.71 Note: Information given here for study purpose only.
Oil made a perfect price action in higher time frame As price alredy did HTF reversal It confirmed in LTF also
Crude Oil #USOil may seems bullish because of ongoing China's Covid crisis may fuelmore demand which will result in increase in prices but we may see a bit correction before a big move
OIL ready to go down my final target on this 71.30 but intraday target is 74.47 and in this level support area but it will break after inventory on tomorrow my SL is 77.32 on closing basis. RSI divergence is there and rsi gone below 48.
#USOIL waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance...
$Usoil H1 Taken Previous High Possible To Fall Till 70.10
The daily timeframe indicates it’s on a downtrend and gonna roll down below 68.50. In the 4hr yesterday we saw a huge fall from the resistance near the trend line. I home this fall will continue till 72.5 or beyond until we see next pullback.
HI Traders , Usoil intraday buy setup .. This iis corrective wave trade.. So trade carefully ..
In NYC session , we have a clean bos in lower timeframe with a displacement and dialy bias is downwards & its -ve corelated pair usdcad is bulish
$Usoil 1H Hold 70.35 --> 75.3$ Then Fall Till 70.10
#USOIL waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance...
Sell signal was given at 116. Its down by 20 dollars. Price is down by 18.25% since then. Its not over. In my view down trend in oil has started just now. 129.42 may be the short term top seen in oil which will take few months or years to break. View is bearish. Weekly close below 94 Oil is heading towards 85.39/76.95/66.15/62.46. View negated if closes above 105.
Counts as per chart, a small dip expected before a major turn to upside
Crude has broken important support zone. Now we can see a sharp correction in Crude by this expiry
#USOIL for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation Trading in channel 1st...