Bullish Crude🟢RSI (14) on the #CRUDE UKOil 4D chart has crossed 50 mark 🟢Crude taken support near the long term support of 70 mark. 🟢It has given buy signal at 74.60 on VSA Momentum indicator. 🟢Can go to 89/99 in up coming months. Medium term. SL-70Longby TradersVenueUpdated 5
CRUDE OILBreaking out of crude oil, a role of a villain to play a party pooper for Bhartiya Stock Market.Longby vijayarorata2
UK OIL 📈 Exciting Bullish Pattern Alert 📊 Pattern: Base Building 📌 Symbol/Asset: UK OIL 🔍 Description: The target of multiple patterns is pending, stock bounced back from solid support. Future & Options segment stock. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.Longby FiveCircles1
Crude Oil technical Chart life time High/LowCrude oil is now on his weekly resistance, if it breaks upside its not good for our economy and Indian market will fall here because both are reciprocal to each other but some sector will be good i.e oil sector, paint etc. i feels that some coming days its will break upside. Its just for information by pnjakh19843
Xbr USD down side movement possibleXbr USD down side movement possible Selling below the 85.81 Stoploss 86.47 Target 84.49Shortby tradewithmev1
Xbr USD down side movement possibleXbr USD down side movement possible Sell below 82.82 Stoploss 85.41 Target 77.85Shortby tradewithmev0
Brent UpdateBrent is on way to complete its 0.618 target. Given to book profit @77.5 or hold.wit SL at cost. Now trade is over in Brent. If holding can keep SL of 77. Wait for.next Analysis.by Trendz90
Update on Brent Slowly it is approaching 0.5 level ie 79.5 ROC is above 0 line means it's in up trend 20 Dema is moving above 50 Dema whi h is bullish. It ha broken divergence line and up above it last 2 days ie 40 trading hrs. Which is bullish Over all reentry is suggested with SL 75 which is 3 usd profit before was 3 usd so sl is at cost If fed I crease rate it can come down So keep sl order after buying g ir trge is 80. Trade with your own risk . Crude is Venable to international news. Longby Trendz9Updated 1
Update on BrentBrent had moved up to 78.5 and down now to 77.4 . To book profit at 77 was expected. If trade is not closed then booke profit and wait for next analysis. Buy was given at 74 $ Brent target was given @ 82. Since crude is highly dependend on external news precautionary measures is taken. Trade crude on your own risk management. by Trendz92
Update on Brent.Brent is hovering above down trend line . ROC is hovering near 0 line. SL of 74 not triggered on closing g basis. So if profit not booked can stay long with SL 74. Brent Crude is dependent on international news. Any negative news can trigger SL. Place SL trigger order before only so if Brent comes down immediately you will not run in hefty loss. Book profit if it move to 77. by Trendz90
Update on Brent CrudeOur 1st target is done, if not booked then keep sl at cost. Crude is completely dependant on $ and international news.by Trendz91
UPDATE ON BRENT.As expected brent had broken the trend line on up side. Divergence notice on time helped to know the trend ROC is above 0 line. 1st target on its way 0f 77.5$by Trendz90
UPDATE ON BRENT CRUDE.ROC has shown divergence to price and is doing well in favour of bulls .Today If down trend line is broken then first target should.be 78 and then 81 . SL is 73 now . Long was initiated at 74.5 ROC is also moving above 0 and is excelrating.by Trendz90
BRENT CRUDE DAILY ANALYSIS1. ROC is showing divergence against price. 2. Since March Brent had not dropped below 70, only once its low was 67. 3 It had completed Triangle A and trading above base of triangle and now completing triangle B. 4 It had retraced to 0.318 and continously trading near it. So 0.618 retraced can be done 5 Conclusion buy wiSL 70 and targt 81which is 0.618 retracement levelby Trendz91
buys UKOILHey guys ukoil has been in a consolidation, for some weeks but now i can see price breaking 77.06. once that happen we shall go all the way to 80.000 and 85.000Longby josephazran2
CRUDE OIL CHART on WEEKLY BASIS through Elliott wave & NEO waveCRUDE OIL CHART on WEEKLY BASIS through Elliott wave & NEO wave Impulse wave completed (5 wave /1 to 5). In this pattern 5th wave was longest wave Now on present wave on corrective phase i.e. Advanced Elliott wave (Neo wave) Upside move target 88. but if it break "ob" trend line thats only possible Note: Crude falling means globally crises to be happed. Its not good indication for stock market. Even Indian Market for good, although not much more fall. Its only for education purpose Shortby pnjakh19841
crude is correctingCrude has topped out at 130 and currently in correction mode. It is showing weakness both on monthly and weekly charts.by dinus0
Brent Crude - BreakdownwUsually not a good sign for stock markets in general if crude oil prices cool off..it often means growth is cooling off..esp at a time when OPEC is shrinking production. Watch for this to be a lead indicator for global slowdown. There could soon be news that the US starts building up the strategic reserves which they used when crude was above $120. If on this news crude doesn't move up it means the market is pricing a recession + then crude can be shorted. by rdkriplani112
Crucial Moment for CrudeCrude about to test a crucial support.... Coming days, dollar + crude will decide broad nifty movement... If crude rebounds, a strong dollar, and rising crude might take nifty further down...by no-one-61
can Brent break it's long term distribution cycle?Expecting to create accumulation cycle and is going to break up to weekly distribution trend on the bottom side weekly trend was hit and held. Long term daily downtrend is distributing. Now weekly uptrend is held and trying to create long term accumulation cycle. Long term target might be 91. But we might once again retest 77 price level which 85 level can hold this down short term.by trend17lofiUpdated 0
CRUDE OIL TO BOILTVC:UKOIL seems to have completed triple zigzag correction in wave 2. Near to breaking out of Falling wedge. A Robust Rally in Wave 3 of Bull Market which can take it abv $300 in next 2 years. Bullish OIL is Bullish for stock market. Longby TrendonomicsHD224
Crude oil descending channel structureBreakdown and downtrend continuation in a descending channel for #ukoil keep tracking it for short term tradingShortby thelastbullUpdated 2