Crude oil analysis 17 Apr 24 short
currently crude oil is trading around 7041
all the levels are given in chart i guess i made it clear over there
R/R - 1:2
exacting crude oil to fall by 2-4.5%
Major resistance area is 7318
minor resistance area is around 7194
Major support area is around 6672
minor support area is around 6853
This analysis is for educational purpose only.
any queries wrt to the analysis feel free to ask
currently crude oil is trading around 7041
all the levels are given in chart i guess i made it clear over there
R/R - 1:2
exacting crude oil to fall by 2-4.5%
Major resistance area is 7318
minor resistance area is around 7194
Major support area is around 6672
minor support area is around 6853
This analysis is for educational purpose only.
any queries wrt to the analysis feel free to ask
Note
soon after the analysis we have got 58 pointsNote
boom boom boom we have got 125 points price is fallen to 6925level 1 achieved :)
Note
level 2 hitNote
two times our level 2 achievedTrade closed: target reached
we have got approx 250+ points now it is creating support there
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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.
Disclaimer
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.