USOIL I’m observing a broadening triangle pattern on the USOIL chart. Let’s see how the price action develops over the coming days.
About West Texas Intermediate Crude Oil cash
Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.
USOil the zone 58.200 is retesting again and again The zone 58.200 is retesting again and again.if market again tap this zone we can take trade according to the market condition Buy or Sell .
US OIL Intraday AnalysisOverview: WTI has rebounded sharply from the lower channel support near 55.00, forming a short-term base and printing higher lows. Price is now reclaiming the mid-Bollinger band around 57.00, indicating improving bullish momentum. A sustained move above 57.50 can open upside toward 58.10–58.50 resis
USOIL Short Idea Elliot WaveI'm eyeing a retracement on USOIL down to around $55.60. If it hits, the structure looks good for a 1:2 RR play. Just sharing my view—make sure to check the charts yourself before jumping in..
Crude Oil — Still Corrective, Not LeadingCrude remains contained within a broad, long-term consolidation on the yearly timeframe.
Despite volatility, there is no confirmed impulsive resolution at cycle degree. The structure continues to reflect a corrective / range-bound macro phase.
This suggests inflation pressure remains contained
Technical Indicators Mastery: Reading Markets with Confidence1. Understanding the Role of Technical Indicators
Technical indicators are mathematical calculations derived from price, volume, or open interest data. Their primary purpose is to help traders identify trends, reversals, strength, weakness, and potential entry or exit points. Indicators simplify ra
Part 6 Learn Institutional TadingTypes of Options
There are two primary types of options:
Call Option
A call option gives the buyer the right to buy the underlying asset at the strike price before or on expiry. Traders buy call options when they expect the market to move upward.
Example:
If NIFTY is trading at 20,000 and you bu
If market taps these 15 min supply zone we can shortI always recommend you guys always risk 0.5 to 1% of your capital because as we know in the month of December lots of manipulation happen in the Market just because of low volume.
WTI CRUDE: Wave C in Motion – Next Stop $50?XTIUSD (US Oil Spot) Timeframe: Weekly (1W)
Key Observations
1. Wave Structure
The market is deep within a massive A-B-C Correction following the Grand Super Cycle peak.
We are currently in Wave C (the final downward leg). This wave is active and is dragging prices toward the long-term trendline su
Crude oil in Consolidation phaseAs per Current Market view, Crude oil is in long Consolidation, Once the consolidation is completed, Crude can be expected for an upmove with an Target of $65, then if possible it can reach up to 120$
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Displays a symbol's price movements over previous years to identify recurring trends.