Tradersasi23

Crudeoil - Parallel channel - at support

MCX:CRUDEOIL1!   Crude Oil Futures
Price making channel pattern all along the chart as shown. One can expect the price to take support from the current level to reach the channel top once again ( stop loss levels given).

If price breaks this small channel pattern and reached the support of the bigger channel pattern then one can enter the market long as it is also act as weekly support level .


If you find my analysis helpful . . . . . Please show your support by hitting πŸ‘ LIKE button,

Your Support is very much πŸ™ appreciated!

You can comment any of the script, I will analyze technically and post it for you.

No Buy or Sell calls strictly :)

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.