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..
Crude looks bullish as it is holding above 48. Any opportunity of a dip is a buy.
Crudeoil has started an Elliott wave and made the 4th wave, and now it's making a fifth wave. As per the rules of the Elliott wave, the fifth wave will be completed at 61.8% ( 3648 ) or 50% ( 3600 ) of Fibonacci retracement 1+3 . The 2nd wave is 61.8% of the 1st wave, the 3rd wave is (more than) 261.8% of the 2nd wave, and The 4th wave is 38.2% of the 3rd...
Crude looks to be bullish and prefer buy on dip.
If crude oil sustains above 46.3 today and maintain above weekly high by EOD then it would head towards it next target 48.5 in coming week.
The Selling Zone is arrived in Crude oil for Intraday Trading