Crude is bouncing from a very good Demand Zone in WEEK Time Frame and is near to the neckline of Inverted H&S in DAY Time Frame. Buy when Breakout above Neckline Buy above 6750 Tgt 7250 - 7600 SL 6500 Disclaimer: These are my personal views and are for Educational purposes & paper trade only. Please analyse yourself also and consult your financial advisor...
Levels: Support: 6600-6650, 6500, 6475, 6375 Resistance: 6775, 6850, 7000 OI Data (17th Jan Expiry): Nearest Major Resistance in Crude per OI data: 6500 Nearest Major Support in Crude per IO data: 6500 Trade setup: Trade setup: 1. Looking at the OI data, most crutial range is: 6500 +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 |...
Follow levels and do accordingly. Only Future trade.
Hello, Welcome to the quick update on CRUDE OIL FUTURES. It is currently trading at Rs 6430. After making a rally, it is currently retesting the last support. We can see that it has taken support from Rs 6314 and it is acting as a strong support. We can take a long position in this future with a target of 6487, 6571, and 6715 for the short term and a long-term...
Resistance level: 7035 Support level : 6915 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are...
Resistance level: 7180 Support level : 7103 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are...
For Crude Oil demand and supply zones are marked. If market rejects at demand zone , then a high probability buy trade can be initiated, rather in case of supply zone a sell trade. You must have a good candlestick knowledge in order to utilize the zones at the best. You can even learn it from us. don't forget to look for PriceActionMonk.
Resistance level: 7094 Support level : 7038 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are...
Resistance level: 7443 Support level : 7335 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are...
Crude is trading in no trading zone.We had marked corresponding demand and supply. When the market will reach either of demand or supply zone marked, we will plan our trade depend on candlestick or chart pattern.
crude oil will be cheap this festival season any break below 6990 levels on daily closing basis we can see a break down to 6700 / 6500 levels in the short term bearish trend is on the charts and marked for understanding and learning
Crudeoil trade in range bound. If range breaks will move to targets as plotted in chart. Important support and resistance levels are marked. plot the levels in your chart and analyze.
MCX - Crude Oil - Swing BUY Setup MCX:CRUDEOIL1! After recent sharp fall in crude oil now it seems the market has made short term bottom in US Markets around 85 USD and now it seems it will start the sharp upside again . Do Comment , share and "LIKE" if you find this info valuable to use . Happy Hunting , Chintamani Disclaimer. I am not SEBI...
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...
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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...
Crudeoil is now at buying level so we can expect till 110.9 as it is the good resistance level. Kindly do your own analysis and enter the trade. My view is long till 110.
Kindly take decision wisely don't get trapped easily like me