Crude Oil & Natural Gas Analysis MCX & USDT Prediction, Oil All-Time High? ⚠️ Natural Gas Crash? 🔻

Fund Guruji • 7 days ago

Original source

What This Video Is About

Fund Guruji provides an in-depth analysis of crude oil and natural gas market movements, focusing on trend lines, Relative Strength Index (RSI), and potential breakouts. He emphasizes the importance of understanding market probabilities and chances.

Major Ideas Discussed

  • The speaker analyzes the daily time frame of crude oil, discussing the trend line and RSI, which indicates the market has been oversold for a long time.
  • He explains that the market can stay in the oversold zone for a long time and that momentum happens only above an RSI of 60.
  • Fund Guruji discusses the concept of liquidity hunt and how the market is preparing for a breakout, with bears losing and bulls winning.
  • He mentions two key levels to watch for crude oil: $109 and $116, which could be potential targets.
  • The speaker analyzes the four-hour time frame of natural gas, discussing the level of $3.1130 and the potential formation of a 'W' pattern to trap buyers.
  • He explains that natural gas may move up but will first consume the liquidity sitting below the 'W' pattern, with potential levels to watch at $3 and $3.89.

What to Watch Next

Fund Guruji invites his audience to join his course to learn more about his RSI strategy and how to find RSI divergences, with a new batch starting on Monday.