InvestyourAsset

CrudeOil Important Levels to watch !

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

#Support: 7501

Sell below: 7500 only on 15 minute candle closure below the level.
Target 1: 7460
Target 2: 7410




#Resistance: 7540

Buy Above: 7540 only on 15 minute candle closure Above the level.
Target 1: 7570
Target 2: 7610-7630





#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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heading upwards after hitting almost both targets on downside !!
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rising wedge breakdown as per 3 minute chart, 7510 immediate target for scalpers
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as explained earlier
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scalpers may book their gains others keep strict trailing SL
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almost achived both targets on upside too !
High made 7609

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