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skumarinsweden

Crude Analysis and projection for 05/04/2024 evening

Short
Crude Oil Futures (MCX:CRUDEOIL1!)  
skumarinsweden Updated   
MCX:CRUDEOIL1!   Crude Oil Futures
Chart Patterns Trend Analysis Wave Analysis
5
0
chartpattern trendanalysis waveanalysis
Crude has made the double top and it has rejected from that level. Now if it break 7202 then there is possibility of price trying to fill the gap below. I have consider the candle stick pattern and trend analysis.
Comment:
It has reached target. It didn't break double bottom and jumped 40 point after that it has reach the target in gap down opening next day.
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