Get started
Bitrageur

CRUDEOIL - Technicals and world affairs aligning for a move

Long
Crude Oil Futures (MCX:CRUDEOIL1!)  
Bitrageur  
MCX:CRUDEOIL1!   Crude Oil Futures
Trend Lines Triangle
3
0
trendline triangle
Broken out of the trendline. Weekly supertrend signalling a buy as well , EMAs compressing around 63-6400.

Iran threatiening to close Strait of Hormuz

War escalations all around the world (middle east)!

34% would just be the beginning.
Will be adding on dips upto 6760 CRUDEOIL1!

SL weekly close below 6263

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.