Crude Oil: Indicators have started to show the first sign of reversal. Now it could just be a matter of time.
#Brent #Crude #CrudeOil #reversal #correction

More from Kunal Bothra
The 3 most important rules which I follow in spotting a major trend reversal laid out in this stock, 'as it is'.
1. Trend reversal
2. Price patterns
3. Indicator confirmation
Perfect TA chart.
All boxes ticked !!
Do comment, like and share !!!
#DRREDDY https://t.co/4JGg71GenE

Today at 2 pm:
— Kunal Bothra (@kbbothra) July 5, 2022
I will bring to you one of the SUPER FINEST TECHNICAL CHART setup on a largecap name.
Agar yeh nahi chal paya toh kuch nahi chal paayega\u2026
Retweeet tsunami has to come for this one\u2026 #stock #breakout #technical
More from Crudeoillongterm
On the last two instances, when #Brent #CrudeOil crossed 90, NIFTY (in Blue - Left scale) underwent Correction both the times. This is the third such instance.
— Piyush Chaudhry (@piyushchaudhry) February 12, 2022
Below 90, NIFTY & Brent have had positive correlation, with 90 acting as an inflection point & causing the Divergence. pic.twitter.com/Q9dj8YFpuV
Needs to break below this level for real impact. https://t.co/r5KoExzFKc

NYMEX Crude Oil update !
— Professor (@DillikiBiili) July 1, 2022
Its not ready to come below US$ 100 which is a big psychological level ! Everytime it comes near that zone, it takes a bounce. https://t.co/xQ3dZZXNiu pic.twitter.com/7WS38JU6JF
A quick thread 🧵
Daily TF
With the turn-around in price from the initial harmonic pattern, Consequent LH-LL's in place.
Below $101.56, We might catch sight of $87 followed by $78 https://t.co/nvzolftng6

$USOIL
— Gurleen (@GurleenKaur_19) June 6, 2022
With the inching up of reaction lows, the targets are placed at $125 and $134.
In a different case scenario, Let's not rule out the possibility- If the price continues to sustain above the level of $104, Might see a hit towards the level of $150 as well. #CrudeOil pic.twitter.com/p52TnRkBqC
On the Weekly TF, If the price slips and closes below $92.96, the target would be $70.

Interesting Derivatives Data…
#MarketsWithETNOW | Is the #crude concern overblown? What do the charts indicate? What will be the trend going forward? Watch to find out as @kbbothra analyses #Brent #Crude #Oil #StockMarket pic.twitter.com/4SBSfpiKmd
— ET NOW (@ETNOWlive) June 1, 2022