Breakdown of a symmetric triangle might cause the crude to see levels of 55 soon.
BUY USOIL Limit your losses You should have an exit plan before you enter any trade. You should have strict stop loss in case trade is not going in your favour. If your trade is with the trend, you should readjust your stop losses and hold onto your profit.
Im shorting Crude with a strict SL of 80 (DCB)... Possible positional targets of 55...
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...
Crude oil support taken with Morning Star, possible for next resistance zone #91-92.
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
Buy 1 tp 7800 2 tp 81.180 SL 7300 pollution confirm by Sai market last three days continue cell but this is only restatement by only again market weekend sell confirm