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! 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 Resistance 8760-8880 Support 8670-8535 Trade As Per levels.
Hello, crudeoil fut swing trade buy above: 8,400 stoploss: 8,085 target: 10,000. LOGIC BEHIND TRADE: Crudeoil has formed W p8attern on 1d chart & given breakout of resistance pull back buying strategy, (target identified from harmonic xabcd level 1.618) stoploss is taken low of resistance candle. Above 8,400 crudeoil if sustains can go upto all time high. MCX:CRUDEOIL1!
Hello, crudeoil analysis & long-term swing trade buy: 7,740 targets: 8,870/1,0370 stoploss: 7,430. LOGIC BEHIND TRADE: Crudeoil formed W pattern on 1D chart buying from support bottom buying strategy, (target identified from harmonic xabcd pattern level 1.131) stoploss is taken low of support candle. 1st target is resistance of W pattern 2nd target is taken from...
I dont want to take much risk until break the triangle. If break any side will give huge targets. Note: Try to find a good price action patterns or any candle stick patterns in the zone to take entry with small stoploss. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
Many of the telegram channel were discussing about crude uptrend is changed to sell trend, As per my view until this uptrend channel low not broken it is uptrend only. If tomorrow gap up or gap down open, it will work as per marked level only. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
MCX:CRUDEOIL1! as we can see on ARC on which levels it resisted. on that level harmonic pattern also was there. now again at ARC resistance with harmonic pattern we might see fall from here but as this #russiavsUkraine war going on if #crude cross current ARC and Harmonic resistance then we might see crude at...
Considering running flat on higher degree & the previous diagonal as an ending diagonal , crude can be considered in 5th wave of higher degree. One should go long on current levels with SL of 91$ & look for the target of the 97$ and 99$-99.7$
LEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern. Either a larger correction of higher...
Crude Positional Shorts @ 95-96$ range for Target 86- 80-75+
Crude oil is trading within a bullish channel and gaining from last 4 trading sessions. According to price action consolidation near previous high will make it more bullish and we can see 92 to 95 level near future. On the flip side if fails to breakout above previous high we can see profit booking or consolidation.
I hope you can now see how CRUDEOIL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
CRUDE Intraday view buy @ 79 $ range INR 5970-5985 Crude positional has to come to 75$ range before moving further for new highs
TECHNICAL ANALYSIS In October 2018, Crude Oil prices touched the level of ₹ 5600 on MCX but after that they sharply fall to ₹ 3000 same year in December. Further last year during the lockdown crude oil fell to ₹ 1100 on MCX in April 2020 and rose to ₹ 5600 this year in July 2021. Journey from ₹ 5600 in Oct 2018 to ₹ 3000 in April 2020 and again to ₹ 5600 in...
Crude Oil Intraday Trading Levels for Scalping - 22 Sep2021
Crude Oil Intraday Trading Levels for Sep2021 based on my analysis
MCX Crude Oil Intraday Levels for Trading 16SEP2021