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rommy5
Apr 4, 2022 2:15 PM

CRUDEOIL FUTURES SWING TRADE Long

Crude Oil FuturesMCX

Description

Hello, crudeoil analysis & long-term swing trade buy: 7,740 targets: 8,870/1,0370 stoploss: 7,430.

LOGIC BEHIND TRADE: Crudeoil formed W pattern on 1D chart buying from support bottom buying strategy, (target identified from harmonic xabcd pattern level 1.131) stoploss is taken low of support candle. 1st target is resistance of W pattern 2nd target is taken from xabcd pattern.
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