Trade Setup in CRUDE OIL on 21 September 2017

PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

CRUDE OIL : According to the TLS Price Action and Channel studies , It is observed that Crude Oil may starts its uptrend.

Channel resistance has broken and also price has done the retest.

We can trade this situation towards upside. We can buy crude oil at around 3260 with a Stop Loss of 3229.

We can expect the target of 3360 in coming days. We can also use trailing method to book full bull rally in this case.

Trade Setup For Natural Gas on 20th September 2017

PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

NATURAL GAS : It is clearly seen that there is a sideway range breakout in Natural Gas. Since from last few months it was in a side way range making a series of equal highs and equal lows.

We can trade this upward breakout.

We prefer to take a long entry in between the range of 197 to 200. Stop Loss for this trade would be 194.

We can expect the target are at 220 in coming days.

Trade Forecast for 18th September to 22nd September 2017

PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

NICKEL : Nickel is in Aggressive uptrend as seen in the price chart. Last week we have seen a healthy correction in it. Also there is a bullish rejection at previous resistance which will act as a flip support now.

Ideally we can take a long entry at 719 area. Stop loss will be the day low. We can expect the target of 765 in coming weeks.

 

Zinc : We have seen that Zinc has made lifetime high in last month. Also it is clear that it is trending bullish.

We have to wait for  buying signals at 190 to 194 area in 1H and 4H time frame.

Stay connected for further updates in ZINC.

 

Silver : It is under correction since from last week . But we cant ignore its strong bullish trend as seen in the price chart below.

Ideally we have to wait till further correction as shown in the chart below . We will find buying signals at 39700 to 40100 area which may be a strong support .

Stay updated to members area for next update in silver.

 

GOLD : We have already enjoyed the bull rallies in previous two months. Still our view in Gold are aggressive bullish.

It is under correction as we can clearly see in the chart .

We will observe the buying signals at 29200 to 29300 area which would be a strong flip support .

Stay updated to members area for further reports for GOLD.

 

EURINR : It is found moving in a bullish ascending channel. It is clearly observed that it is making a series of higher low and higher highs which indicates its uptrend.

We can take a long entry at 76.40 with a stop loss of 75.90 . we can expect the target of 78.40 in coming weeks.