CrudeOil Important Levels to watch !!

MCX:CRUDEOIL1!   Crude Oil Futures
Crudeoil important levels to watch are as follows

#Support: 6420
Sell below:6420 only on 15 minute candle closure below the level.
Target 1: 6350
Target 2: 6240

#Resistance: 6560
Buy Above: 6560 only on 15 minute candle closure Above the level.
Target 1: 6630
Target 2: 6760

#Demand Zone: 6450-6420 act as a immediate buying zone, and price may bounce from the region marked in green on the chart.

#Supply Zone: 6680 - 6630 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.

#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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keep an eye. Flag pattern breakout can be expected. entry only on confirmation with strict trailing SL.
candle needs to be closed above 6530 for confirmation.

be focused.

After the break of resistance target 1 achieved successfully.

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again rejection from supply zone and bounce from demand zone just the way it was described in the idea description.

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Gap Up opening ... wait for fresh breakout before taking any entry

again rejected from supply Zone ~~

ready to short below 6585, Never forget to use strict SL.
Entry only on confirmation.

This is just a view and not a recommendation, please follow your own trading setup.
and finally achieved Target 2 !!

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Trade closed: target reached

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