Shalvisharma5

Shalvisharma5

Bulls Charge, But Bears Lurk Below Support: 6890 (New!) Resistance: Watch for 7025 Long: Above 6960 (SL below 6890) Wait: Confirmation of uptrend (Price, Volume, Indicators) Short (Aggressive): Below 6890 (High Risk) #OilTrading #CrudeOil #Breakout Disclaimer: Educational only. Not financial advice.

Shalvisharma5

Natural Gas Braces for Potential Rangebound Bearishness Current Situation: Natural gas appears to be settling into a potential rangebound pattern with key levels to watch. Support: The support level sits at 211.9. A break below this point could signal further downside movement. Resistance: Overhead resistance is located at 220. A decisive break above this...

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Timeframe: 4 Hour -- Rising wedge reversal breakout Analysis : Crude oil has potentially broken a key support trendline on the 4-hour chart, indicating a shift in momentum. This could signal a potential downside move in the near future. Key Levels: Breakout Point: 6735 (Support trendline) Target: 6655 (Based on the measured height of the trendline) Entry:...

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Natural Gas: Bulls Charge Above Supply Zone Timeframe: 4 Hour Analysis: Natural gas is exhibiting bullish signals on the 4-hour chart. The price recently bounced from a supply zone, indicating buying pressure and a potential reversal to the upside. Additionally, a falling wedge pattern appears to be forming, which is a technical indicator that often precedes a...

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Silver Poised for Upside Breakout: Falling Wedge on 4-Hour Chart Timeframe: 4 Hour Analysis: A bullish reversal pattern, the falling wedge, is developing on the 4-hour chart for Silver. This pattern often precedes a price surge, suggesting a potential upside move for silver. Key Levels: Resistance: $30.20 (Upper trendline of the falling wedge) Support: $29.00...

Shalvisharma5 Updated 

Technical Outlook: Ascending Triangle Hints at Upside Breakout Chart Pattern: Ascending Triangle (developing) Current Price: Below 6820 (as specified) Breakout Levels: Upside: Above 6820 Stop-Loss: 6790 (placement below the triangle) Targets1 -- 6850 Targets2 -- 6860 Targets3 -- 6890 (based on the triangle's height) News Catalyst: Increased summer demand and...

Shalvisharma5 Updated 

Sharp analyst here. Keen eye on silver's developing falling wedge pattern near 89,300. This often precedes a bullish reversal. Potential upside: 1000-1800 points based on the wedge height. Target - 90500 - 91000 Trade idea: Long silver above the wedge's upper trendline with a stop below the wedge's lower trendline. Remember: This is just technical...

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Gold Eyes Bullish Breakout: A Detailed Overview Timeframe: 4 hour Current Situation: Gold prices are currently exhibiting bullish signals, with a key level to watch being 72,800. Technical Analysis: A falling wedge pattern has been identified on the gold chart. This pattern often precedes a price breakout to the upside. Potential Move: If the price breaks...

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Crude Oil Technical Overview: Symmetrical Triangle on Watch Timeframe: 4 Hour Pattern: Symmetrical Triangle (developing) Current Price: Above 6745 Key Levels: Bullish above 6745 Resistance: 6825 (upper trendline) Berish below Support: 6700 (lower trendline) Analysis: A symmetrical triangle appears to be forming in the crude oil market. This pattern...

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Technical Analysis: Crude oil prices closed above a key resistance level of $65.88 on Friday. This breakout suggests a potential continuation of the uptrend. Target: Crude Oil (CL) - Potential Breakout Targeting 6650 - 6700 Current Price: Above 6588 If the bulls can maintain momentum, the next potential target zone could be 6622 - 6650 Key Levels: Resistance:...

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Natural Gas: Potential Short Trade Setup (Technical Analysis) Entry: Short below 249.5 (with confirmation, e.g., price breaking below a support level) Targets: T1: 248 (1st profit target, 1.5 points from entry) T2: 246 (2nd profit target, 3.5 points from entry) Stop-Loss: 250 - 251 Risk Management: Always remember to practice proper risk management. This...

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Crude Oil Technical Analysis: Potential Bullish Breakout Oil prices are rising on news of lower-than-expected US crude oil inventories and a bullish outlook for global oil demand. Technical Analysis: A potential bullish breakout is forming above 6570. Trading Strategy Entry: Long above $6570 with sustained move (>50-60 points) to confirm the...

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Natural Gas - Long Trade Setup Entry: Long above 261 Targets: T1: 265 T2: 267 T3: 270 Stop-Loss: 256 -257 News Highlights: Hotter Summer Forecast: Above-normal temperatures in the US are expected to increase natural gas demand for cooling, boosting prices. Increased Electricity Demand: Rising electricity output suggests higher natural gas...

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Crude Oil Breakout Levels (Technical Analysis, Disclaimer Applies) Breakout Strategy: Long Entry: Above 6510 with sustained move (>90 points) above breakout point. Targets: 6560 - 6600 (profit targets based on potential price movement after breakout). Stop-Loss: Below 6400 (potential loss if price falls below support). Neutral Zone: Price remains between 6400...

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Crude oil is looking bullish above 6255! Target prices are set at 6315 and 6355. However, it's important to be aware of the rising wedge pattern that's forming, as this could indicate a potential bearish reversal. Here's a breakdown of the analysis: Current Price: 6238 Target 1: 6315 Target 2: 6355 Rising Wedge Pattern: This pattern can signal a trend...

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Head and Shoulders Patter This is a bearish reversal pattern in technical analysis. It consists of three peaks with the middle peak (the "head") being the highest and the two outer peaks (the "shoulders") being lower. A neckline is drawn connecting the troughs before and after the head. Targeting a price of 88,000 HIT LIKE BUTTON IF YOU AGREE WITH IDEA

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Natural Gas Update: Potential D-Cup Breakout (Informational Only) Technical Analysis: Natural gas is exhibiting a possible D-cup formation on the chart. This pattern suggests a potential downward move followed by a bullish reversal. Key Levels: Resistance: 232 (potential neckline of the D-cup) Target: 243 (potential upside breakout) Confirmation: A...

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If silver breaks below 89,600 level, it will become bearish in short term. Target would be 89000 - 88000 - 87000 Conversely, if bounces back then it will remain bullish and move towards 93000 Disclaimer: This info on silver's price is for learning, not financial advice. Big move might be coming soon!