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Sirius-Trading-Academy
Apr 30, 2021 1:35 PM

CRUDE SEEMS BULLISH FOR THE SESSION Long

Crude Oil Futures (May 2021)MCX

Description

Crude Oil Call 30/04/21

Buy @ 4716
Target 4728,4752,4773
Comments
vedanth2009
Excellent Analysis.
Amulya284g
you are totally wrong completely baseless idea, pls stop wasting people's time and money, because of you many people may have made loss
Sirius-Trading-Academy
@Amulya284g, I Apologies if u have traded in this call , I have placed my buy order at 4716 and made the first target , while posting this and waited to move up , it didn't so closed the call with 12 points. There was enough time to book the 1st target and exit.
And not every trader has 100% accuracy.

For your information let me justify the call i made yesterday its not baseless

1. RSI was 18.
2. MACD had a crossover; Momentum Oscillators showed strong buy.
3. There was a demand fear , since the inventory was very low then forecast.
4. 4691 was the support and it should act as SL (Basic in trading to use stop loss) If you have seen my previous post of crude I have given the levels for this week which was perfectly based on Support and Resistance and you can see the post candles after that which proves that those levels are perfect.
5. I wouldn't enter in a trade without analyzing , since I trade myself with the same call.
Amulya284g
is it still valid
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