Shalvisharma5

Shalvisharma5

Crude Oil Weekly Technical Analysis Timeframe: 1-Day Resistance Level: 6,190 Expected Move: Pullback from 6,190 resistance towards 6,038 support zone Support Level: 6,038 (multi-swing-low support area) Outlook: Potential bounce off the support area could lead to a climb higher Don't Forget To Push The Boost (Like) Button and Follow Me for more ! Best Regards...

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Crude Oil (4-Hour Timeframe) Analysis Pattern: D cup formation in progress Price Targets: 1st: 6500 2nd: 6600 3rd: 6680 Stop Loss: Near demand zone News: Oil prices rose on Monday due to fears of regional conflict and expectations of U.S. interest rate cuts. However, weak global economic outlook and OPEC's planned output increase remain...

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Crude Oil Analysis (1-Hour Timeframe) Current Pattern: Crude oil is trading within a falling wedge channel, indicating potential for a breakout. Breakout Levels to Watch: Key Resistance: A break above 6185 is crucial for confirming the breakout from the wedge pattern. Sustained Move: If crude oil can hold above 6240, it would signal strength and a higher...

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Silver (1-Hour Timeframe) Breakout Alert: Silver has broken out above 85,000. Target: Anticipating a move higher by 500- 800 points Pattern: Potential bull flag formation in progress. Risk Management: make sure to put stoploss Disclaimer: This is a technical analysis based on the provided data and should not be considered financial advice. Trading involves...

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Technical Analysis: Crude Oil (1 - DAY Timeframe) In the 1-day timeframe, we're currently observing a developing cup and handle pattern. Should the price sustain below the demand zone, the probability of further downside increases, signaling potential bearish momentum? Conversely, if a reversal occurs, there is a strong likelihood of a significant upside...

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Crude Oil (1-Hour Timeframe) Recent Breakout: Crude oil has broken out from a falling wedge pattern, signaling potential for further upside if price sustains above the breakout level. Outlook: Monitor for signs of retracement or consolidation. Strike Price Trade Setup: Entry: Above 6,550 Targets: 6,570, 6,600, 6,630 Stop-Loss: Must have Remember to adjust...

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Technical Analysis: Crude Oil Timeframe: 1 hour Current Situation: Oil prices have increased due to lower US inventories and ongoing tensions in the Middle East. However, concerns about weak Chinese demand and potential US interest rate hikes are keeping the market cautious. Price Action: Crude oil remains range-bound, moving within a rising wedge pattern...

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Triangle pattern Current Outlook: Consolidation Crude oil is currently trading sideways around the 6221 support level. Potential Scenarios: Bullish Breakout: A sustained move above the 6245 level could signal a bullish trend, with initial resistance at 6300. Bearish Continuation: A breakdown below the 6210 support may lead to a retest of the 6135...

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Technical Analysis: Crude Oil (1-Hour Timeframe) Short-Term Outlook: Bearish Trade Setup: Entry: Below 6410 Target: 6360 Stop Loss: 6436 Rationale: The price is currently below the crucial level of 6410. A break below this level suggests a potential bearish trend. The target of 6360 represents a potential downside move. However, if the price moves above 6436, it...

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Natural Gas Analysis Natural gas experienced a short-term rally due to unexpected hot weather forecasts, pushing prices into a supply zone. However, the market remains cautious due to persistent high inventory levels and rising production. Key Levels: Resistance: 180 Targets: 1st: 182.5 2nd: 185 Support: 177.5 Stop-Loss: Minimum 10 points below entry (adjust...

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Potential Trade Setup: Based on the information provided, the trader is anticipating a bearish outlook for Crude Oil on a 1-day timeframe. The formation of a D cup pattern suggests a potential target of 6200-6100.

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Trade Setup: Short Position: Below 6450 Target: 6400 Stop Loss: 6490 Timeframe: 1 Hour Remember: Technical analysis is just one tool in a trader's arsenal. It's essential to combine it with other factors and conduct thorough research before making any trading decisions.

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Technical Pattern Analysis Pattern: Potential Bullish Breakout from trendline Timeframe: 1 Hour Analysis: Crude oil is showing signs of a potential bullish breakout. A sustained move above 6500 level could signal a bullish trend, with initial targets at 6600-6700. Positive sentiment is supported by a decline in crude inventories and supply disruptions due to...

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Crude Oil Update: Potential Bullish Move on the Horizon (Informative) Heads up, commodity traders! Crude oil is currently exhibiting bullish signals, suggesting a potential price increase. Here's a breakdown for your reference: Target: 6840 (This is the level the price might reach if the bullish trend continues) Stop-Loss: 6760 (This is a pre-determined price...

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Hello Guys, When trendlines on a chart come closer and meet, forming a triangle, it suggests a period of price consolidation. Watch for a potential breakout, indicating a new market trend. BREAKOUT COULD BE UPSIDE OR DOWNSIDE. It's advisable to wait for the price to reach the right level before making any trading decisions. I will share the level as soon I...

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In the daily timeframe, Natural Gas is finding support at 239.2. If it sustains above this level, we might observe further upward movement. However, if it fails to hold, a bearish trend could emerge, potentially reaching 233 today.

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#GOLD is showing signs of a breakout, with a clear cup formation. This bullish pattern suggests a potential upward surge in prices, making it an opportune time

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In the last three trading sessions, Natural Gas prices went down with some periods of sideways movement. This happened because there was more inventory (stock of natural gas) than people expected. The important levels to watch are: Resistance at 247.7 (where the price might stop going up) Support at 239.2 (where the price might stop going down). If the price...