Crude Oil 1 DayThe chart shows a classic Elliott Wave pattern with a five-wave advance followed by the beginning of an A-B-C corrective pattern. This analysis can help predict future price movements.
CrudeOil MCX Future Intraday Technical Analysis for 14 November🚀 Unlock the potential with my #CrudeOil Intraday Technical Analysis for 14 November, 2024!
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📍 Range Trigger Point: 5796
📅 Day Range: 154
📈 Long Position
🔹 Buy Above: 5
Crude fut CMP 5812 Buy for target 5859- 5900- 5945-6000+ SL 57Crude fut CMP 5812
Buy for target 5859- 5900- 5945-6000+
SL 5765
Crudeoil MCX positional IMP level postionalHello Everyone,
MCX Crude trading at 58 40-50 at very crucial support or ema 200 and trendline with breakut retest set up, Buy on dips till 5600 with positional Stop loss 5450 upside possible 6200,6550,6970,7300++ If Breaks of support 5220,5030,4850 possible.
CRUDE OIL is reversing its trend and turning bullishCRUDE OIL has taken support from its hourly buying order block(5709-5730) and has broken its structure at the level of 5749 and has also changed its character at the level of 5780 i have entered a long trade at the level of 5750 with stop loss of 5705 and i'm targetting the levels of 5900, 6000 and
I am seeing this in Crudeoil SwingI am seeing this in Crudeoil Swing. Looks like crude oil is taking support now as per daily timeframe.
Crudeoil will the rally conitnue ?Study suggest that crude oil will continue its up rally and this can be the start of its bull run Good buying candles on 1st and 4th november seems bullish
Note this video is for study purpose and trade with the advice of your finance consultant
CRUDEOIL SHORT SETUP !!MCX:CRUDEOIL1!
Good to short below 6026. (Wait for 5mint candle to close below 6026)
Targets :-
Level 1, 5960
Level 2, 5920
Level 3, 5837
Achievable targets are mentioned in chart as well
👉🏻 @thetradeforecast 🇮🇳
Crude Oil at Supply Zone Crude Oil taking rejection from supply zone,if sustains we can see a downward moment till demand zone
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Oil Futures is 66.89 USD — it has risen 0.49% in the past 24 hours. Watch Oil Futures price in more detail on the chart.
The volume of Oil Futures is 20.00. Track more important stats on the Oil Futures chart.
The nearest expiration date for Oil Futures is Mar 17, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Oil Futures before Mar 17, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Oil Futures this number is 287.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Oil Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Oil Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Oil Futures technicals for a more comprehensive analysis.