This are major support and resistance(Not Daily).It is too hard to Publish Daily S AND R. Trade carefully. Note: This is only for Learning. Note: There can be conflict because of CRUDEOIL INDIA CHART
Oil is in downward channel recent price rejected from 79.80 top of the channle expecting it test 78 and 77 if this price action follow through happens mentioned levels possible.
As we have taken the trade at breakout . Who want to join in this trade could get into trade at this pullback and enter the trade with good risk and reward ratio.
As my previous predictions im sure that us oil will follow pattern , and we can get huge profit from this trade. Us oil could give big downward movementum and we can see huge sell off at this level.
If you have followed me previously, you had know about this trade and could have got Good amount of profit in this.
This is very good risk managment with 1:3 Risk and Reward ratio .
Please read notes on the chart and act accordingly. Marked are the levels wherefrom the current swing started and below which it is not likely to go. Disclaimer: I am not a registered analyst with any of the National/International agency and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be...
Analysis On 28th Feb 2024 USOIL seems like taking support of 100 Ema on Monthly and Daily TF. If it close above 5ema at the end of this February Monthly Closing it would be good confirmation to Buy.
Crude is again getting rejected from the downward TL, seems like its forming a long term H&S, can see a 30/40% correction in the coming 2 years
Please check the notes 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 educational purposes. Let you grow. May! I follow you.
Discover the serenity of joy and peace in every moment, enriching your journey with sublime beauty. I delve into the dynamic world of growing stocks, providing valuable analysis and commentary on significant levels that traders need to keep an eye on. From crucial support and resistance zones to potential breakout points, I aim to equip you with the insights you...
Probality of bottoming out strong bases build at 65 on correcion innext 4-5 week towards 75-80 levels build long position for upmove towards 95 and 115 in next 6 to 12 month . View fails on weekly closing below 65
Hi trader This 1hr POI USOIL Taken Previous day liquidity (16/04/2024). I expect Buying from this level Note - Only for education purpose.
USOIL SWING TRADE Usoil 1hr Order Block This Order block is vimp because its 1 hr + 4Hr Demand Zone. At this level we can see some Liquidty pool. Here we can take trade with 5 min CHoCH. Follow for Daily Forex Update Note - Only for education purpose.
US Oil is at important zone formation of Descending triangle pattern. If this sustain near Support then we can see a good upside move if break then see a huge fall. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature
Crude oil faces resistance at the 200 moving average after break down rising wedge patern, indicating a potential 1:4 target. Traders may consider this point for planning their positions, keeping the SL in mind. looking good RR we can take this risk but make sure to cut positon above 200 EMA.
US 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...