Crude Oil Futures
Updated

Crude Continue MCX ( Next Move )

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Hi Friends , Today I am posting this MCX Continue Chart , Trading view have added this facility of MCX , I am happy to see it so I am posting this chart

This structure is having two distinctive possible moves

One i have marked with Yellow Poly line

One i have marked with Green Poly line , You can look for few days consolidation before New trend starts

You can look for buying opportunity when it goes down , selling in Futures is bad idea ,

Good luck
Note
it is moving out strong , Expect the Crude to continue to perform
Note
well anything you can learn form this post is the difference between impulse leg moves & Shallow moves and their characters

impulse leg always develop in 5 wave patterns , but some time they do move very rapid representing strength in price movement but they are phony 3 wave moves and they are not continuation patterns ,

Which one is correct and which one is not one has to make decision during the live movements

so far 1108 to 2776,
Note
The Winner is ShreeKrishna , Yeeeee haaaaaaaaaaaaa

We have booked Profits in Futures contracts form 1108 to 3038
we made 1930 points per contract , Money Never stop coming in to our account ,

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