CRUDE OIL ANALYSIS 17 APR 2024 SHORT
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
Comment:
soon after the analysis we have got 58 points
Comment:
boom boom boom we have got 125 points price is fallen to 6925
level 1 achieved :)
level 1 achieved :)
Comment:
level 2 hit
Comment:
two times our level 2 achieved
Trade closed: target reached:
we have got approx 250+ points now it is creating support there