US Oil $92.36 major resistance
Daily Chart. Beware of the above level. If it touches this level today, please square off your position. May reverse till 11th of October.
Please check my earlier discussions on US Oil. Link provided.
I am not a Registered Analyst with any of the National/International Agencies. Please consult your financial advisor before making any decision.
WTICOUSD trade ideas
US - Oil Long above 87.33
86.8 is a crucial support and 87.33 is a major resistance for the next day of trading for US Oil. Refer to my previous ideas on US Oil. Link provided.
Please trade with indicators like RSI/William R% and moving averages.
This is only for Educational Purposes. I am not a Registered Analyst with any of the National/International Agencies. Please consult your financial advisor prior to making any decision.
US Oil - Heading towards $100
Please refer to my previous posts on US Oil. Link provided.
Trade with proper discipline. Use other indicators like William R%, EMA, SMAs. Crucial level is $81.3. That seems to be broken. It is previous swing high also.
Disclaimer: I am not a registered Analyst with any of the registered regulatory authority. Before making a decision, please consult your Financial Advisor.
Let you grow, May! I follow you.
Thank you
US OIL
Completed its full circle of Elliot wave i.e. 1,2,3,4,5. Completed counter waves of A, B and in the process of completing C. Stuck up in the circle.
The Lower white line is not likely to be broken. C wave likely to be broken within this line.
For execution we will have to refer to 1H Chart. 1H Chart shows price above 200 SMA but 100 SMA is below it. May, take some candles to reverse the situation and may be by Wednesday(i.e.) inventory day of US oil become fully bullish.
Please refer to my earlier posts on US Oil.
This is just for educational purposes only. I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision.
crude spot crucial update blwcrude made 77.60$ almost double bottom now if sustain blw than nxt tgt may be 75.80-75--74$ expect as per chart or if abv 79.80 thna mkt may be revert for again up side let see in jackson hole report -- in mcx 6427--20 strong suport create at daily chart if blew thna 6338--6310--6270 expect or hurdel 6679 for nxt up side .
US - Oil - Life Time Analysis
Three Horizontal Lines have been drawn. Upper most line is the 79.72; showing weekly Horizontal Support. Here, it is showing a reversal.
Lowest Line is the line where two previous lines have made trend line. But, these trend lines are not final unless, third valid point is traced.
Time remaining for the week to end is around 2 days and 20 h. Please wait for the week to end or the price to retrace from the lowest most line so that a level gets confirmed.
Please check me previous posts on US Oil. Link Provided.
I am not a Registered Analyst with any regulatory agency.
Let you grow and I may following your foot steps.
Thank You.