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WTI CRUDE OIL, MORE SURPRISES ON UPSIDE, THEN DOWNSIDE (CMP @45)


CRUDE OIL, MORE SURPRISES ON UPSIDE, THEN DOWNSIDE


WTI CRUDE OIL:
We had initiated a buy on crude oil at 32, on positive monthly reversal, and had a target of 100%  appreciation, we had closed that call @ 50.

 However given the recent developments on charts we see triangle formations on Crude Oil at present, although it had corrected 50 percent from the rally of 27 to 52, we see a base building formations happening and once we get a monthly close above 49.5, we see a spike Up to 59 to 64/74.

The positive divergences on the RSI suggests all dips to be bought , On the lower side 36 and 32 to be protected, cmp is@ 45.

The Brent Oil will also move in random with crude Oil, so do adjust it accordingly.

Also there is a pattern formation of inverted head and shoulders with a neckline at 52, this pattern can also carry the price movements up to 74, So don't be surprised if it happens.





WTI CRUDE OIL (MONTHLY CHART)




Brent Oil - Crash ?? - We are expecting sharp downfall in Brent Oil... Analysis are follow
http://ntdtrading.in/research-desc.php?pageid=245


BRENT OIL CAN APPRECIATE UP TO 80-100% IN NEXT 1.5 YEAR ( CMP 32$)
http://ntdtrading.in/research-desc.php?pageid=636


Please note for records, that Brent Oil crash and Brent Oil appreciate have been on top of Google search and we from India are proud of it, Hopefully this post will follow on the top of Google very soon, Best regards Team Ntd.


(SEPT 21,2016)

Name : pushkar singh

Comment :
100 % agree with your view i also recommend my client to buy it from same level ( in Indian level 2950 ) ....teach2trade.blogspot.in

























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