MCX Crude Oil- Pullback rally to continueMCX Crude Pulling back to 6800-7000 levels and a bullish stance to continue ahead. Looks strong to breach 9 month highs
Mcxcrudeoil
Crude oil starts low, bullish
Crude oil rebounded from the low level on Friday as expected, and the reaction at the key support has shown that the crude oil bulls are trying to start a new upward trend. As for whether it can be fully realized, it depends on whether the 78.05 position can be broken in one fell swoop. Crude oil operation is recommended to buy at 76.15, risk control 75.70, target 77.50~78.05, if it continues to rise, it will open up room for growth.
Crude oil is bullish for several reasons:
1. Crude oil bottomed out and rebounded on Friday, showing a signal of stabilization. As for whether it can go further, it depends on the strength of the upward trend.
2. According to my personal analysis, the current trend is still regarded as an X wave c, provided that Friday's low of 74.80 cannot be broken.
3. The intraday pressure is 77.90~78.60, and the support is 76.10~75.70.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Crude oil is approaching the support zone, can the bulls start a
Regardless of the trend of the times and the fashion of the society, people can always rely on their noble qualities to transcend the times and society and walk their own correct path
Crude oil rebounded strongly on Thursday, but it still failed to escape the pressure of the bears at night. The market hit a new low again. The current price has reached the support area. If the bulls have ideas, a turning point may be formed here. Crude oil operation is recommended to buy at 75.10, risk control 74.70, target 76.20~77.
Crude oil is bullish for several reasons:
1. The decline of crude oil has reached the suspense node, which is not only the reverse 23.6% of the golden section, but also the trend line. If it stabilizes, the bulls may usher in opportunities.
2. According to my personal analysis, the current trend is still regarded as an X wave c, provided that the low of 73.80 cannot be broken.
3. The intraday pressure is 76.20~77, and the support is 75.20~74.60.
Join me and I will guide you to a profitable trade 💵!
Crude oil encounters support below, or there may be a situation
Bitterness makes us understand that life is a kind of luck, and those who can live a hard life are more likely to succeed; salt is the driving force of life, with salt, our life will have strength; Life serves as a warning; spicy is the stimulation of life, a temptation, and a challenge; sweet is a good taste in life, but too much sweetness will easily breed toxins. Mixed flavors are the true taste of life
The price of crude oil has basically not fluctuated much after being pulled back and forth within the day. Since the short momentum of the previous wave of decline is still there, and the bottom has also encountered support, so short-term crude oil can be operated in both directions. Crude oil operation is recommended to sell at 77.10, risk control 77.5, target 76.2~75.50. If it falls directly to 75.40 without a rebound, it can be considered much lower here.
The bottoming out of crude oil is based on the following reasons:
1. Crude oil's downward momentum has exhausted, and the daily line has obviously shortened the negative line entity.
2. According to my personal analysis, the current trend is still regarded as the upgraded X-wave c. Referring to the structure of X-wave a, there may be room for downside in the short term, and then it will go up again.
3. The intraday pressure is 77.1-77.5, and the support is 76.2-75.50.
Join me and I will guide you to a profitable trade 💵!
The bottom of crude oil is close to support, or bottomed out and
Trading is not about waiting for the storm to pass, but learning to dance slowly in the rain. Sometimes you think the sky is about to fall, but in fact you are on the wrong side, or you are on the wrong team. Caring too much becomes a kind of fetter. Being lost for too long becomes a pain. If you hold the past too tightly, how can you free your hands to embrace the present?
Crude oil continued to decline after a weak rebound on Wednesday. The round number of 76 is close at hand, and the market has almost vented its decline here. However, there may still be a low probability within the day. At present, the probability of bottoming out and rebounding is very high. Crude oil operation is recommended to sell at 76.95, risk control is 77.40, and the target is 76~75.50. If you don't rebound and drop directly to 75.50, you can consider it much lower here.
The bottoming out of crude oil is based on the following reasons:
1. Crude oil's downward momentum has exhausted, and the daily line has obviously shortened the negative line entity.
2. According to my personal analysis, the current trend is still regarded as the upgraded X-wave c. Referring to the structure of X-wave a, there may be room for downside in the short term, and then it will go up again.
3. The intraday pressure is 76.90~77.30, and the support is 76~75.50.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
There is still room for crude oil to fall, and the rebound is wa
You and I are friends, each take an apple and exchange with each other, and each still has an apple after the exchange; if you have a thought, I also have a thought, and friends exchange ideas, then each of us has two thoughts .
After crude oil fell back last night, it remained volatile within the day today and has now pierced the low point of last night. There is still room for short-term short positions, so continue to maintain a bearish high-altitude thinking at night. Crude oil operation is recommended to sell at 77.85, risk control 78.3, target 76.80~76~75.50.
Crude oil is bearish for several reasons:
1. Crude oil is currently in the daily range of shocks, and short positions have fallen back again due to the impact of interest rate hike expectations.
2. According to my personal analysis, the current trend is still regarded as the upgraded X-wave c. Referring to the structure of X-wave a, there is still room for downside in the short term, and then it will go up again.
3. The intraday pressure is 77.85~78.30, and the support is 76.60~75.50.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Crude oil changes overnight, and there is still room for shorts
It is important to choose a good path, but you will not succeed without the confidence to stick to it. A lot of things just happen in one thought, so when we decide anything, we have to think more deeply. The choice is important, but the persistence after the decision is even more important. No matter what choice you make, stick to it, and you will always succeed.
Crude oil showed a V-shaped reversal yesterday. Due to the speech of the chairman of the Federal Reserve in the evening, the Asian and European markets mainly fell back. After the chairman of the Federal Reserve began to speak in the evening, he strengthened the expectation of raising interest rates. It has been formed, and there is room for short-term decline. Crude oil operation is recommended to sell at 77.95, risk control 78.40, target 76.80~76~75.50
Crude oil is bearish for several reasons:
1. Crude oil is currently in the daily range of shocks, and short positions have fallen back again due to the impact of interest rate hike expectations.
2. According to my personal analysis, the current trend is still regarded as the upgraded X-wave c. Referring to the structure of X-wave a, there is still room for downside in the short term, and then it will go up again.
3. The intraday pressure is 77.80~78.30, and the support is 76.60~75.50.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Crude oil long relay success, there is still room for upward mov
On the road to your dreams, there will always be many people who support you, and there will also be many people who look down on you, and some people will even be jealous of you. True strength is something no one can stop, so try to realize your dreams for yourself! Make those who look down on you regret it.
Crude oil lived up to expectations and went up again on Monday. The long-term ideas given twice in the morning and evening can realize profits. The short-term oil price is close to the high point of the previous rebound. There may be repetitions here but it does not affect the bullish trend. Crude oil operation is recommended to buy at 79.95, risk control 79.50, target 81~81.60~82.60.
Crude oil is bullish for several reasons:
1. Crude oil continued to close on a positive line yesterday, with a deep retracement in the middle, but the trend is still there.
2. According to my analysis, the market breaking through 78.60 means that the downward trend did not occur as expected, which means that the Z wave 3 decline that was previously thought has added uncertainty. If the bulls break through 82.66 in the near future, it means that the previous period The downward trend is all over, and the bottoming of the shock here can only be an upgrade within the rebound X wave that started at 70.08.
3. The intraday pressure is 80.60~81.50~82.60, and the support is 80~79.50.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Crude oil is short in early trading and more profitable, waiting
If a person wants to achieve great things, he must constantly expand his boundaries so that he can integrate more with other worldviews. Among them, a person's world view has core components, close components, and loose components. Keep expanding your core content, the stronger your core competitiveness will be.
Crude oil continued to make a big reversal on Friday, and the bulls followed suit. The 78.95 retracement given in the early trading has already made a profit. In the evening, wait patiently for the second retracement and continue to enter the market with more orders. Crude oil operation is recommended to buy at 78.65, risk control 78.25, target 80~80.60, breaking through here will test the last rebound high of 82.60.
Crude oil is bullish for several reasons:
1. Crude oil’s big positive line the day before has broken bearish expectations, and the current short-term trend has reversed to a bullish market.
2. According to my analysis, the market breaking through 78.60 means that the downward trend did not occur as expected, which means that the Z wave 3 decline that was previously thought has added uncertainty. If the bulls break through 82.66 in the near future, it means that the previous period The downtrend is all over, and the bottoming of the shock here can only be an upgrade within the X-wave rebound that started at 70.08.
3. The intraday pressure is 80.60~82.60, and the support is 78.65-78.25.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Crude oil breaks key pressure, bullish
A successful person must learn to be patient. Temporary tolerance is not a surrender to fate, but a foreshadowing and accumulation for the future. A person's ability to achieve something is closely related to his endurance, and patience is an indispensable cultivation for accomplishing great things.
Crude oil staged a shocking reversal on Friday, first falling back and down as expected, but the bulls fought back at the last moment of Friday, and finally broke through the recent suppression area, which means that the bulls have opened up room for upside. Crude oil operation is recommended to buy at 78.95, risk control 78.50, target 80~80.60, breaking through here will test the last rebound high of 82.60.
Crude oil is bullish for several reasons:
1. Crude oil’s big positive line the day before has broken bearish expectations, and the current short-term trend has reversed to a bullish market.
2. According to my analysis, the market breaking through 78.60 means that the downward trend did not occur as expected, which means that the Z wave 3 decline that was previously thought has added uncertainty. If the bulls break through 82.66 in the near future, it means that the previous period The downward trend is all over, and the bottoming of the shock here can only be an upgrade within the rebound X wave that started at 70.08.
3. The intraday pressure is 80.60~82.60, and the support is 79~78.35.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
At present, crude oil encounters obstacles, and the chance of de
Courage is that you see a lot of sugar in one place, and you can hold back. Courage is your own persistence and look at your favorite books. Courage is to do more homework and write each word. Courage is when you are thirsty, let the water be given to others first.
Crude oil rose by 77.2 and fell by 78.55 as mentioned yesterday, and the two-way profit was double-killed by long and short. During the day, crude oil reaches the pressure level of 78.6 and then consolidates under pressure. If the shorts want to play, then this position is very critical. The crude oil operation at night is recommended to sell at 78.2, the risk control is 78.65, and the target is 77.30~76.70
Crude oil is bearish for several reasons:
1. Crude oil rushed higher and fell back yesterday to form a high cross star, and this is also where the pressure of the downward trend line lies.
2. The intraday pressure is 78.2-78.65, and the support is 77.30-76.70.
MCX:CRUDEOIL1!
Crude oil rose first and then fell perfectly for my expectations
The 77.20 of the crude oil yesterday's roadshow, as well as 78.55 to be empty. Both suggestions are completely correct. As long as you control your hands and adhere to the key point to enter, you will definitely seize the expected trend. At present, crude oil has shown signs of pressure at 78.50, and it is very critical if you want to play this position. Crude oil operations are recommended to sell 78.25, risk control 78.70, target 77.30 ~ 76.70.
Crude oil is based on the following reasons:
1. Crude oil rushed up yesterday to form a high cross star. At the same time, there was also the pressure of decline.
2. During the daily pressure 78.50 ~ 79, supporting 77.30 ~ 76.70.
Crude oil is more profitable, and it can be shorted at night und
Crude oil in early trading showed 77.2, the lowest point in more than a few days, in the profit-making period. In the evening, focus on the pressure in the 78.5-78.7 range. After the pressure consolidation, you can intervene with empty orders. Crude oil operation is recommended to sell at 78.5-78.7, risk control 79.0, target 77.2-76.5.
Crude oil is bullish for several reasons:
1. The rebound pattern of crude oil is relatively complicated, and it has evolved into a double three-wave pattern at present, and there is still a high point in the short term.
2. The intraday pressure is 78.5~79.0, and the support is 77.2~76.5.
MCX:CRUDEOIL1!
Dear friends, I hope you will pay attention to me and give me more comments and suggestions.
BRENT CRUDEHello and welcome to this analysis
UKOIL (Brent Crude) is approaching the PRZ (Potential Reversal Zone) of two bullish harmonic patterns, AB=CD and Gartley near $85. This level also coincides with the monthly Ichimoku Base Line support.
The expected rally from the suggested levels could take it towards $115
In case the up-move takes place before completion of the Harmonic Patterns, then the confirmation will come on it sustaining above $101
In terms of MCX Crude - the corresponding levels are
$ 85 > INR 6100
$ 101 > INR 7600
$ 115 > INR 8400
SHORT CRUDE POSITIONALCrude on mcx , is forming a text book rising wedge pattern. which has bearish implication when gives a breakdown from the lower upward sloping trendline.
watch out for your long.
theory:
1)there should be an strong uptrend in the asset and should make a peak on a higher volume .
2) and then the price action forms a wedge type pattern and tries tries to retest or break the previous highs, but generally the volumes are low or decreasing within the wedge formation.
3)when there is a breakdown from wedge formation, there is a good steep fall, and if there is pullback near the breakout level the fall would continue for next 5 to 10% or more, depending on the assets nature.
keep your longs in check. and keep stops on longs tight.
Sell on highSellers can use 7,100 for going short per previous high. If breaken above 7,200 may lead 100+ & 600 + ponts for short term per fib series confirmation.
And down side looks weeks below 6,600.
MCX Crude oil LongMarket hold the price point .than market pull back to top zone
Long for Buy Indicate and Hold for you T on your mind
My opinion is Long on this price point and Your's
MCX CRUDEOILMarket Over bought .Market Down For at The Level SELL -
5800-5810 .I Think Market Down ..Comment Your Opinion
Will MCX Crude oil Come Back to 5500?Crude oil has broken March 2020 support trendline today. That is indicating a direct sell signal. If crude crossover & closes above to 5160 levels, then it can come out from the downtrend. And we may see 5300 - 5500 again.
According to the current breakout, MCX crude oil may hit the following levels: 4800 - 4760 - 4660 - 4590
MCX Crude oil: Ascending Triangle Pattern (TP 5112)Crude oil is forming Ascending Triangle Pattern. According to the monthly chart and chart pattern analysis, the crude oil rally will not stop here. It will keep moving forward for levels of 5160 - 5300 - 5600+ .
MCX crude oil target for intraday traders is 5112 level.
Crude oil Buy / Sell Based on Fibo and GannBuy crude oil at 4603
Stop loss 4580
Target 4671 / 4686
based on our Gann levels indicator
Crude oil Buy / Sell Based on Fibo and Gann INTRADAYCrude oil sell based on Gann and Fibonacci
Sell crude oil at 4640
Stop loss 4657
Target 4569
