For Friday, the 80.50 - 81.61 long-term resistance area can contain buying through summer activity, below which 76.77 is likely by the end of next week, 62.14 attainable over the next 3-5 months. On the other hand, a weekly settlement today at or above 82.42 (1% above 81.61 – page 2) would set off a meaningful buy signal into later year, 87.27 then expected within...
this video is a must watch .. for learning trade.. it is a missed part of the previous video.. kindly watch and learn how to trade in crude oil.. this indicator actually produced good signals for trading.. this indicator will be available soon for subscription.. till then i will post how indicator should be used.. this are the trade opportunities in 5...
hello all.. here is a historical trade analysis using own indicators.. today the indicator gave wonderful opportunities.. every body go thru and enjoy the video... indicator will be ready for subscription soon.. till then i will post learning videos... kindly mute while watching to avoid bg-sound thanks for watching.. if u like the video kindly give a...
Bullish continuation should be in order after crude finds support at former resistance line. Furthermore, the breakdown in the dollar should materialize to more bullish momentum for commodities after some consolidation.
1Y RSI is topping. MFI is trending up. This might have a little more upward movement. 5Y RSI is at 50 at a midway point. Looks bearish. MFI is trending down. ALL RSI is falling. MFI is falling. Prediction: this will fall soon. For my educational purpose, not to be used as financial advice.
Crude oil faced strong drop and spike back in May, which can be also considered as the final leg of wave (5) of A, so we are aware of a higher degree A-B-C recovery after strong reversal up from the lows. After a completed wave A and expanding triangle in wave B, which is tricky, but still a bullish pattern that already sent prices higher, ideally within a...
Oil has been on a blissful rise to the upside since midyear June 2023. Prices skyrocket from $69 a barrel to highs of 82 Dollars a barrel. Currently, The price of Crude oil is $79 and the price of Brent is 83 dollars. We can see that the market trend has changed and the uptrend has now turned bearish. In this article, we will be looking at purely the technical...
US and European markets came under fire and took a hit in a risk off move after US credit was downgraded. Traders and investors are looking at the bigger picture now as a lack of confidence into the US government as they distract themselves from the bigger picture of actually managing the economy. With a safe haven move up into the USD and and unwind into an...
For Thursday, the 80.65 - 81.61 long-term resistance area can contain buying through summer activity, below which 76.57 is likely within 1 - 2 weeks, 62.14 attainable over the next 3 - 5 months. On the other hand, closing today above 82.42 signals 84.44 within the week, while a weekly settlement tomorrow at or above 82.42 (1% above 81.61) would set off a buy...
We notice that there is a divergence and an increase in the selling momentum, and that we are in a correction for the upside
i am explaining all trade setups that our indicator has shown.. this is for learning only.. this indicator was developed and being used by me.. this indicator works well in all indices , stocks , and even in COMMODITIES...ESP..CRUDE AND GOLD.. THIS ALSO WORKS IN OTHER MAJOR WORLD INDICES.. there is a lot of things to learn before actually using the indicator...
in this video i will show u how to recover the loss once it gets hit .. this is for education purpose only.. watch and learn thanks for watching. give a like if u like..
this is a trade using my own indicator,, the price was exactly like a trade setup.. but we were not supposed to trade... and this video explains the same .. kindly mute.. while watching.. thanks for watching.. i will create a video on banknifty after this..
We notice that we are in a correction to the upside, and there is an increase in the buying momentum, and we wait for the selling momentum to weaken in the correction, and we buy, and there is a divergence
Oil can drop to 78-79 level from here. make sure to put SL around 83.
Crude oil at strong resistance Wait for daily candle close above resistance to take long trade Crude give a false break out on 12-Apr & fall by nearly 20% Please follow risk management & position sizing
For Wednesday, the 80.65 - 81.61 long-term resistance area can contain buying through summer activity, below which 76.48 is likely within 1 - 2 weeks, 62.14 attainable over the next 3 - 5 months. On the other hand, closing today above 82.42 signals 84.44 within the week, while a weekly settlement Friday at or above 82.42 (1% above 81.61) would set off a buy...