Next two time candles are mentioned on the chart. Buy on high of each of them or sell below.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow....
US Oil is showing signs of recovery but it has problematic area at the bottom because of drastic fall during covid.
You can see there is a curve drawn in grey where institutions buy. It is still 5 dollars away. So, be patient for next two days and get confirmation of recovery.
Disclaimer: I am not a Registered Analyst with any National/International...
US Oil has no change; still below the green trend line drawn yesterday though it went up in the morning session but fell down in the evening.
Today's pivot candle for US oil is 12-12-23 8:05 PM, which will decide the future trend. Have patience.
Stop Loss at Red Horizontal Line.
Future Targets White Horizontal Lines.
Buy only above Green Trend Line.
Long term target - 109
Recovery possible any time after 16th December or 25th December 2023. Will inform you soon about the exact time.
Today's time candles are: 212.7706732 12-11-23 8:37 AM (Pivotal) If not broken, buy above it and sell below this....
In the last week, prices showed some rally but as I mentioned in the earlier idea on the commodity that 71.61 is a major hurdle. Once it is broken, 74.07 is the next target which may come on 16th December 2023.
Please read the notes mentioned on the chart itself carefully.
Still, have a question write me in the comment section; I would like to answer all...
In the Near term Crude Oil is expected to correct to its previous support levels around $63 - $61. If breaks that could reach around $50 - $45 as seen in the Fib retracement Above. However, If it takes support from there , Crude Will continue its upward trajectory as seen in its long term trend.
My unique time indicator. Showing just in a look where the support lies. Below it are the valleys and above it are the peaks.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for...
Price is trading above 3:58 p.m. candle. So long it is not broken remain invested till next candle mentioned on the chart.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for...
CRUDE has fallen a lot to the 70 levels. We have seen some relief today
Downside : if breaks the Trendlyne with closing below 70 then we can see the day low and if breaks the the day low then 67.40 is possible
Upside : If 15 minute candle closes above 70.49 then we can see good upside with Targets 71.50 and after that 73.00
Buy only above 71.91.
Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
The global oil market has recently experienced significant volatility, reflecting a range of key factors including production decisions, geopolitical tensions, and economic fluctuations. As of December 6, 2023, the price of Brent crude oil was at $74.46 per barrel, while WTI traded at $69.44, both experiencing significant price drops. This downward trend is part...
Crude oil prices experienced a decline, reaching the lowest point since November, attributed to a growing surplus in supply. Despite the OPEC+ official announcement, oil prices have maintained relative stability in the aftermath. Participants within OPEC+ are recognizing the missed opportunity and attempting to mitigate the situation through additional comments,...
US Oil
In bearish channels now. Trading below 50 SMA. 10:46 candle today is pivotal in nature. If price does not go above this you may remain short till 3:00 p.m.
🛢️ Unlocking Opportunities in US Oil Futures! 📈📉
Hey Traders! 🌐✨
Wondering where to invest next? US Oil Futures present an exciting opportunity that you don't want to miss out on! 🚀
📊 Trade Scenario:
Buy Position:
Entry Price: $77.42 📈
Targets: $77.8 and $79.94 🎯🎯
Add one lot at $76.76 🔄
Standard Stop Loss: $76.58 🔒
Preferred Stop Loss: $76 🚫
Sell...
