MCX CRUDE OIL INTRADAY TRADING LEVELS based on my analysis. Thanks
Triangle Pattern found in Crudeoil. Upside Target 5150 and Downside Target 4924. Wait for Breakout or Breakdown. Take a Position after Breakout or Breakdown on Next 15 min Candle.
These intraday level for crude oil are derived from the supply & Demand
Oil History - Based on Spread USOIL & UKOIL How the spread has reacted during difference phase of Geopolitics of oil life in last 2 decades.
Long Crude for $ 74 Target, SL to be below $64.5
SUPPORT ZONE HAS FORMED, WE CAN ADD NEAR SUPPORT ZONE
Currrently in 3rd Wave yet to complete.. In Next 1-2 years
Execute Long only when the RSI breaks the trendline .Wait until the 15 min candle close to avoid false signals. Stop loss can be the low of the previous candle . Disclaimer: This is for educational purpose. Please do your own analysis.
Sell Crude Below 4553 SL - 4636 Target - 4330-4350
Crude oil buy at 4431 Stop loss 4405 Target 4538
Crude Oil MCX The breakout above 3975 was witnessed. The breakout implication was for rise to 1.618% retracement level 4104. The price has crossed to high 4278. The 2.618% retracement is at 4312. The channel upper line is around the 4312-4350. Traders long and holding the same can revise up the stop loss to 4180. Book profits at higher range of 4312 or above.
Om Namah Shivay The crude oil has beautiful Trianlge which has moved below the trendline. But for Nickel, it may be different, and may overshoot the trend lines. After making the pattern and completing the channel move, the movement is now in a Zigzag possibly. If structure is respected and moves as perceived, then the movement will see down move and then...
levels mentioned in the chart if u want learn commodity trading. just start with(just follow) only one commodity.this it better optoin for making money from the commodity market.
Sell crude oil at 3935 Stop loss at 3950 Target 3875
Answer Is Yes, Shooting Star Observed On Daily Chart. Now Until Crude Breaks 3980 On Upside, It Is Only Sell On Rise..
Buy Crude Oil At Cmp 3532, Strict SL - 3399 Target - 3850/4200 This is my 2nd call in addition of my previous crude oil buy call. Please see previous recommendation as well..