Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for CRUDE OIL, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Oil is consolidating on 57$ to 61$ region for the last days, not much is happening but opportunity's are everywhere.
First of all what is consolidation ? Consolidation is generally market indecisiveness, which ends when the asset's price moves above or below the trading...
Just a quick draw on a possible very clear hs pattern in crude oil, so far we are more than halfway done and the beginning for right shoulder has begun. Can't wait to see what the coming days are bringing us! Looks like this is going just right within bollinger for the next shoulder.
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Oil price broke the lower trend line of the ascending channel, for the moment i am looking for a retest of the broken trend line as we found support at 59$ and the indicators showing strength to the upside.
As market moves i will updating this post stay tuned.
Thank you...
We short words we say Usoil 59-58 area buy limit if add, some good profit come. And if want sell so 60.50-61.50 level good.
Crude oil resistance 62 area & support 57.90 area.
We both side (buy & sell) add. Our buy target 61.50(long) & 60.50(short) And sell target 59(short) & 58(long).
What ur view share comment here.
After the last oil analysis, now we are doing the new update. After it reached the bearish trend of the channel, it will return to the next levels of 54.21 and 52.55
Looks like we nead another leg down before a major rise. If this could play out with a stong pullback, there will be a lot of space for oil to rise again.
