Crude Oil Intraday Technical Analysis for 31st Dec., 2024

πŸš€ Unlock the potential with my Crude Oil Intraday Technical Analysis for 31st December, 2024!

✨ Boost, follow, and engage for updates. Your support means a lot! πŸš€β€οΈ

πŸ“ Day Range Trigger Point (DRTP): 6109
πŸ“… Day Range: 104

πŸ“ˆ Long Position
πŸ”Ή Buy Above: 6090
🎯 Target 1: 6173
🎯 Target 2: 6213
β›” Stoploss: 6056

πŸ“‰ Short Position
πŸ”Ή Sell Below: 6066
🎯 Target 1: 6045
🎯 Target 2: 6005
β›” Stoploss: 6100

✨ 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. πŸ“ˆ

πŸš€ How to Trade with Numro Trader Intraday Levels

Buy Setup
πŸ•’ Wait for a 5-Min. candle to close above DRTP or Buy Above level.
πŸ“ˆ Confirm breakout with a candle breaking the high of the breaking candle.
πŸ›’ Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.

Sell Setup
πŸ•’ Wait for a 5-Min. candle to close below DRTP or Sell Below level.
πŸ“‰ Confirm breakout with a candle breaking the low of the breaking candle.
πŸ›’ Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.

#CrudeOil #IntradayTrading #MCX #NumroTrader
Beyond Technical AnalysisChart PatternsTrend Analysis

Also on:

Disclaimer