The chart of crude oil telling the story itself that it is travelling into a bigger Descending Triangle formation and currently trading with in the channel which depicts that it will touches soon its possible support level @ 43.50 of the channel. Any bounce can be seen from there. Traders are using the selling on every rise which is already shown in the chart. If...
We are patiently awaiting interesting support on WTI. Between 40-42.5 Coronavirus is clearly driving the market down and has not yet been eliminated. 2nd opportunité 25$ S & P500 wekkly:
Bhoomi Comex caught move from 53.70 to 46.20 and going
As discussed MCX Crude found resistance at 3615 and fell sharply. Futures traders made good money of 60-70 points in no time. Support for the day 3415 Resistance for the day 3502 Expectation Range bound with reversal in US session My trade Buy near support , sell near resistance Real time update I'll update on social media channels whenever I get time
As per sine wave a analysis, now crude has enter in the down side zone and as per the gann angle it will move towards narrow downside range will see a crucial bottom level of 9-10 doller in april 2021.
As discussed 3680 gave support to crude till US session and broke in equity sell off. With global volatility to continue for 48-72 hours more , I have suggested to buy 3800 CE at lower levels , target is updated live as 144. Support for the day 3557 Resistance for the day 3692 Expectation I am expecting high range bound volatility over next 24-48 hours and a...
As discussed live Crude hit a low around $ 50.45 in US session. We went short with 3700 pe at 48 and booked profit at 132. Put went on to hit a high of 160+. Support for the day 3680 Resistance for the day 3761 Expectation Pull back underway , 3761 might get tested My trade I'll try to buy 3800 CE at support Real time update I'll update whenever I get...