Crude Oil Intraday Technical Analysis for 19th Dec., 24
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๐ Unlock the potential with my Crude Oil Intraday Technical Analysis for 19th December, 2024!
โจ Boost, follow, and engage for updates. Your support means a lot! ๐โค๏ธ
๐ Day Range Trigger Point (DRTP): 6021 ๐ Day Range: 118
๐ Long Position ๐น Buy Above: 6017 ๐ฏ Target 1: 6094 ๐ฏ Target 2: 6139 โ Stoploss: 5978
๐ Short Position ๐น Sell Below: 5989 ๐ฏ Target 1: 5948 ๐ฏ Target 2: 5903 โ Stoploss: 6028
๐ How to Trade with Numro Trader Intraday Levels
Buy Setup ๐ Wait for a 5-Min. candle to close above DRTP or Buy Above level. ๐ Confirm breakout with a candle breaking the high of the breaking candle. ๐ Enter a buy order at the active level (DRTP or Buy Above). ๐ฏ Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP). โ ๏ธ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup ๐ Wait for a 5-Min. candle to close below DRTP or Sell Below level. ๐ Confirm breakout with a candle breaking the low of the breaking candle. ๐ Enter a sell order at the active level (DRTP or Sell Below). ๐ฏ Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP). โ ๏ธ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
โจ My strategies are backed by 6+ years of research and proven success in trading indices, commodities, and more. Connect to know more for Intraday Levels and Live Market Confirmations. ๐
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.
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.