Crude Oil Intraday Technical Analysis for 31st Dec., 2024🚀 Unlock the potential with my Crude Oil Intraday Technical Analysis for 31st December, 2024!
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📍 Day Range Trigger Point (DRTP): 6109
📅 Day Range: 104
📈 Long Position
🔹 Buy Above: 6090
🎯 Target 1: 6173
🎯 Target 2: 6213
⛔ Stoploss: 6056
📉 Short Position
🔹 Sell Below: 6066
🎯 Target 1: 6045
🎯 Target 2: 6005
⛔ Stoploss: 6100
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🚀 How to Trade with Numro Trader Intraday Levels
Buy Setup
🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
Sell Setup
🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.
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