Crude Oil Futures

Short

Crude Oil MCX on DTF

Updated

Hello Fellow Traders,

I am bringing one more EW chart analysis for your kind perusal.

Expected WAVE C Projection is 6399 - 6292. before it resumes new impulsive WAVE.

Note

Based on the current projection range
Best buy for impulse trend is 6572 - 6639 after retest.

Note

620 points up movement from the point we analyzed. Let us see how wave 1 completes.

Note

1300+ points rally covered from my last analysis price. WAVE 1 Still not completed.
if we consider 7796 as high of WAVE 1 we may expect 7272 as first retracement level.

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