Shalvisharma5

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🛢 CRUDEOIL – Weekly Outlook (4H Timeframe) Published by: Shalvi Sharma (Power Commodity Trading) Crude is trading around 5568 and approaching a crucial triangle breakout zone. ⚠️ Key Levels: Breakout Resistance: 5600 – 5675 Bearish OB Zone: 5675 – 5800 Immediate Support: 5374 (EMA55) Demand Zone: 5180 – 5270 🔍 Technical Outlook: Price is compressing...

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NATURALGAS – Weekly Update Timeframe: 1HR | Symbol: NATURALGAS1! (MCX) Pattern : D Cup Formation Completed Natural Gas has formed a textbook "D Cup" pattern, indicating a rounded top reversal structure. After a parabolic rise in late April, prices have gradually given up gains, confirming the pattern with a breakdown toward 270. Resistance Zone: 295 –...

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📈 NATURAL GAS – 1H TIMEFRAME UPDATE Natural Gas has been climbing nicely inside an upward channel, and right now it’s retesting the lower trendline after a strong rally last week. 🔸 Support zone: Around 306–307 (channel bottom) 🔸 EMA 55: Acting as dynamic support near 300 -295 🔸 Volume: Picking up on the recent dip — worth watching! 🔍 What to Look Out For: ✅ If...

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SILVER - 4H Timeframe Update Price is nearing the apex of a symmetrical triangle formation. Momentum is gradually building with higher lows supporting the structure. As per news: Silver slipped slightly by 0.5% to $33.37/oz, following gold's rebound after a sharp drop. Despite global trade tensions and weaker dollar aiding gold recovery, silver underperformed,...

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📈 CRUDEOIL – 1 HOUR TIMEFRAME ANALYSIS CrudeOil is currently testing a key resistance zone near 5995–6000. Price action has respected the rising trendline, and the structure looks poised for a breakout or rejection move. 🔍 Two Possible Scenarios: 🔹 Bullish Breakout Above 5995 If crude sustains above 5995 with volume confirmation, we may see a sharp move...

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Crude oil is testing the lower trendline of the symmetrical triangle on the 1-hour timeframe, showing increasing selling pressure. 🔹 Bearish Scenario: A break below 5820 can trigger further downside, leading to targets around 5780 - 5750 - 5700. 🔹 Bullish Rebound: If the support at 5860 holds, a bounce toward 5900 - 5930 is possible. 📊 Watch price action...

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📊 Natural Gas Detailed Analysis – 1HR Timeframe 📊 Pattern Formation & Breakout Potential: Natural Gas has been trading within a falling wedge pattern, a bullish reversal structure, indicating potential upside momentum. A breakout attempt is visible as the price is trying to sustain above the wedge resistance. Key Observations ✅ Resistance Zone: 343 - 345...

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🚨 Crude Oil (MCX) 4 HOUR Chart Analysis 🚨 🔹 Bullish Indicators Identified: Breakout from a descending trendline, signaling potential trend reversal. Price reclaiming the 55 EMA (6211) as a key resistance level. 🔹 Expanding Demand Zone: The breakout structure suggests a shift in market sentiment, increasing the probability of bullish continuation. 🔹 Target...

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Crude Oil (MCX) 1HR Chart Analysis 🔹 Expected Price Movement: Price is forming a rising wedge pattern, indicating a potential short-term upmove before a breakdown. 🔹 Bullish Push First: Expecting price to test the 6343 - 6380 zone before showing weakness. A temporary breakout could occur before reversal. 🔹 Bearish Breakdown Target: If the price fails to hold, a...

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The chart highlights a Descending Triangle formation, a bearish continuation pattern suggesting potential downside momentum if the support breaks. Resistance Zone: 6310 (aligned with the upper boundary of the triangle). Support Levels: T1: 6280 - T2: 6250 - T3: 6200 Bearish OB (Order Block): The price recently tested the Bearish Order Block near 6,310,...

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Silver Update: Key Levels to Watch Timeframe: 1 Hour Current Price: 92300 Key Levels: Resistance: 92400 (78.6% Fibonacci) Support: 91400 (61.8% Fibonacci) Scenarios: 1️⃣ Breakout Above 92450: Bullish move toward 93550 - 93750. 2️⃣ Rejection from 92450: Possible pullback to 91400 support. Action Plan: Wait for a breakout confirmation or rejection for...

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Crude Oil Update (1-Hour Timeframe) Chart Overview: Crude Oil is trading within a downward channel, respecting the resistance trendline, which aligns with the 50 EMA, signaling sustained bearish momentum. The price attempted a breakout but faced rejection at the resistance, confirming the downtrend. The support zone near 6,420 has held well but remains under...

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Natural Gas Futures (4 HR Timeframe) Analysis Overview: Natural Gas is currently trading within a well-defined ascending channel, showing consistent higher highs and higher lows. However, the price is now testing the lower channel support around 323.8, which could determine the next directional move. Ascending Channel: The price has respected the channel...

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Crude Oil Update (4-Hour Timeframe) Chart Overview: Crude Oil is trading within a symmetrical triangle pattern, with both lower highs and higher lows converging, signaling potential for a breakout soon. The price has rejected the upper trendline (around 5895) multiple times, highlighting it as a critical resistance level. EMA Analysis: The price is hovering...

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Chart Analysis The chart shows a falling wedge pattern, a classic bullish reversal setup. The price has successfully broken out of the wedge pattern and is now testing the breakout zone near 5960, indicating potential further upside. Additionally: The 55 EMA is acting as dynamic support and is currently positioned at 5935 Buying Levels: Entry: 5960...

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Natural Gas (4-Hour Timeframe) Pattern Formation: Falling Trendline: Price is testing the descending trendline, signaling a potential breakout. Supply Zone: A supply zone is visible around the 277-281 levels, where price action could face resistance. Support: 259-260 zone, acting as a strong base. Immediate Resistance: 277-281 supply zone. Targets Upon...

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Analysis of Crude Oil (1-Hour Timeframe) The chart shows crude oil trading within a descending channel, indicating bearish sentiment in the short term. Price is currently consolidating near the lower trendline, showing potential for a pullback or a continuation. Key Levels: Resistance Levels: 5,829 (55 EMA level): Immediate resistance to watch. 5,860:...

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Chart Analysis: Crude Oil (1-Hour Timeframe) Pattern: A symmetrical triangle pattern is forming, signaling potential consolidation before a breakout. The price is approaching the apex of the triangle, indicating that a breakout could occur soon. Key Levels: Support: Around 5,821 (Fibonacci 0.236 level). Resistance: At 5,927 (Fibonacci 0.618 level) and 6,034...