Shalvisharma5

#Crudeoil update | MCX - May 10

Short
MCX:CRUDEOIL1!   Crude Oil Futures

  1. Strong resistance level observed, lacking buying momentum for breakthrough.
  2. Expect price movement in either direction, prepare entry orders accordingly.
  3. Crude faces resistance at 6677, with a projected downside of 70 points.
Trade closed: target reached:
Target complete, Crudeoil moved 100+ points downside.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.