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MCX

MCX copper range contraction within the triangleMCX copper within the triangle and now range is slowly contracting between 790---826 keep eye on breaking of triangle on either side will give clear trend ahead... till than play support and resistance.. 790 & 826 790 is important support level to watch ... as breaking below this level will bring weakness towards 760--750 whereas breaking out of the triangle will give move towards 850---870 views are educational plan your trades accordingly.. As a trader one should alaways try to take quality trades ... which will bring patience in to you.. profit or loss is the byproduct of your skill..
MCX:COPPER1!
by MDstockmagic
MCX:NICKEL1 Levels marked only for LEarning !!MCX:NICKEL1! #MCX:NICKEL trading bullish and reached ATH, Potential level marked on chart only for learning. Also marked my trade details with entry and stop loss for easy reference. Sharing live trades for gaining live market experience for beginners, target hit/not Hit doesn’t matter, only the experience matters. Share your feedback to continue live trades like this, based on your response will share. You can ping me directly and share your experience.
MCX:NICKEL1!Long
by Market_Order9
Will ICOMDEX Energy reach 7500 Before March? ICOMODEX ENERGY is forming an impulsive wave 3. Price has finished the corrective wave (iv)of wave 3, and the price is forming an impulsive wave (v) of wave 3. Price is about to make the last leg v. If the price breaks the high of w. iii, it can make an upward move of 7135 - 7290- 7355 -7477. After the accomplishing of wave 3, the price will fall and break the acceleration channel. What are the turning points for the prices? + Wave v can finish at 2.618 (7477) reverse Fibonacci retracements of Wave iv. + W.(v) can finish at 2.618 (7167) reverse Fibonacci of w.(iv) + 3rd wave can end after the breakdown of sub-channel. I will upload further information for intraday traders.
M
by forextidings
#mcx #multicommodityexchange SupportNSE:MCX 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). 📌 As One can see, This Pattern has Been Made on Monthly Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis. (PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame) PRZ 1 :- 1377.90 PRZ 2 :- 1364.10 SL :- 1270 (Closing Basis) Target 1:- 1435 Target 2:- 1475 Target 3:- 1515 and more Trailing basis Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:MCXLong
by linesandlevels
MCX Crude Oil : Correction is Expected!!!Global crude oil prices have risen more than 14 percent in the past 30 days as traders see a continued rise in demand and supply fails to keep up. The 400,000 barrel per day output hike recently decided by Oil and Petroleum Exporting Countries is not expected to meaningfully bridge the gap between demand and supply. TECHNICAL ANALYSIS Crude oil has touched resistance recently and today it mace bearish harami candle on the peak near to its resistance which triggers downfall in crude oil. CONCLUSION Short crude oil with a stop loss of yesterday’s high. Very soon correction of 500 points can be seen from current levels.
MCX:CRUDEOIL1!Short
by moneymarine
EWT: Will Crude Oil Reach 7000?Crude oil is forming impulsive waves ((5)). After the completion of wave ((3)), the price had started complex running flat of the corrective wave ((4)). Wave B has crossed the high of wave ((3)), but wave B couldn't break the low of wave A. Price has made a failure of swing low, which was a rejection of a downtrend, and crude oil gained momentum. Price has exceeded the sub-wave B of wave ((4)). Sub-wave 4 of wave ((5)) is in progress. If their price breaks out the high of wave 3, we can expect the following target for final sub-wave 6697-6785-6865+ . It means the price has bullish sentiments above wave three and vice versa. Breakout of the parallel channel shows the weakness of the impulsive wave. Note that wave four can never overlap the starting point of wave 1.
MCX:CRUDEOIL1!
by forextidings
2
MCX Short - Death Cross Over & Major Support BreachDeath CrossOver :- 50MA falling down 200MA ---------------------- Price broke the Major Support and going down. Large Volume Selling can be seen in the last two days, Bears are in the Driver Seat now. So, not advisable to take Long Position now. One, Two green candles may form now as Pullback Bull Leg, so be cautious for taking Long Positions. Next Major Support S1 is at 1394 After that, it may take Support S2 from the Existing Trendline Support at 1370. Next Major Support S3 is at 1341. If it breaks that, significant downfall may be expected. PS- I am not SEBI Registered. Views are for personal reference.
NSE:MCXShort
by TradeWithSwarup