MCX Crude Oil Futures MCX:CRUDEOIL1! giving signs of exhaustion after recovering from downfall . expecting the fresh sell off trend to begin for potential targets zone . As per the Pattern expect the selling pressure to remain below 7800 levels . Do Comment , share and "LIKE" if you find this info valuable to use . Happy Hunting , Chintamani Disclaimer....
Hello and welcome to this analysis on MCX Crude Oil. The overall structure of sideways consolidation now appears to be set for a rally which could break the falling trend line. Expecting it to bounce back to 8400 as long as it does not break below 7500
Crude can consolidate here for now within the trading range, is seeing a reversal after a sharp dip few days back.
MCX:CRUDEOIL1! MCX : CRUDE OIL FUTURES (Trade Setup on Hourly Charts) A Buy Setup is emerging for Long Trades with suggested Stop loss levels on chart . Interested members can look into it or analyse the trend as it unfolds . Not a recommendation to buy/sell . Do "LIKE" the analysis if you like to appreciate my work . Attaching many related ideas i posted...
Strong bullish Target upto 8 percent 9000 Cmp 8170 us oil 101.78 target 111 It not a call just for educational purposes
Strong bullish guys cmp 8170 taeget 9000 Us 101.78 target 111 In my view target above 8 percent minmum Its not a call its only for educational purpose
I daily make educational content videos on markets.
When price take support near any well defined boundary and 200 Day Moving Average at a same place price create a inflection point and in this set up doji act as a trend reversal but personally i fell happy if doji fail this time .
US oil overall trend is still bearish, but counter trend pull back rally is now due, not only due but it's now ready to go towards north directions Buy on Dips is suggested, all the key levels are mentioned on chart Overall running wave structure Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Mcx Crude oil has breakout intermediate Trend expect price fall towards 7880 from 8220
Try to find best entry levels for based on market struture and pa. Important levels Marked in chart, wait to price reach that levels and check for rejection from upside/downside in smaller time frames then only take trade. Can comment or ping me for any query. All views for Educational purpose, Trade at your own risk
After a 2020 crude oil recovered and makes new all time high of 9996. Crude oil completed it's 5 wave impulse move in the month of march and from that time it's making a correction. As per current price action crude making a expanded c wave flat correction. Crude can go up to 6000 or may be lower than that but major strong support will be 5000.
The markets are falling down because of increased fear of recession. Recession affects everything, be it stocks or commodities like CRUDEOIL, NATURALGAS, SILVER, GOLD etc. Energy sector fell drastically yesterday. Crude Oil fell about 11% whereas Natural Gas fell about 6%. Crude Oil has a strong supply zone around 9300 according to the monthly timeframe from...
Crude Oil Ichimoku Cloud Setup : 1). Today's close is below the Conversion Line 2). Cloud is broken with volume 3). Chikou span is slanting downwards All these parameters are showing bullishness at CMP, and more bullishness will be visible after it cross 1300. If 96$ is broken then 87$ is very much possible. If sustain above 102$ then regain at 109$. #This...
MCX:CRUDEOIL1! Trade Setup for 04-07-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...
THIS IS MY IDEA , Buy 109 Sell 103 .. Only for study .. support & residents ..for week....
Failures cross the key SMAs join descending RSI line, not oversold, to keep crude oil sellers hopeful amid economic slowdown chatters. The black gold, however, needs to stay below the weekly support line, around $107.00 by the press time, to direct bears towards the last monthly bottom of $101.00. In a case where the energy benchmark fails to recover from $101.00,...