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Crudeoil Important levels to watch.

MCX:CRUDEOIL1!   Crude Oil Futures
Crudeoil important levels to watch are as follows

#Support: 6810
Sell below: 6810 only on 15 minute candle closure below the level.
Target 1: 6740
Target 2: 6670



#Resistance: 6890
Buy Above: only on 15 minute candle closure Above the level.
Target 1: 6950
Target 2: 7030



#Demand Zone: 6810-6820 may act as a immediate buying zone, and price may bounce from the region marked in green on the chart.

#Supply Zone: 6870-6890 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.


#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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Just the way it was planned.

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Trade closed: target reached:
Finally reached target !!
Comment:
breakdown again and straight towards demand Zone !!!
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