Crude Oil - 28th Sep 20237753 Resistance in crude oil
Correction wave ABC
Last wave C left
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crude spot eys on 93.55$ looks abv 94.10--94.50$crude spot eys on 93.55$ looks abv 94.10--94.50$ buy on dipsss sl 93$ in mcx already gvn buy or stya abv 7755 looks zoom again yes seller be alert!!
crude mcx 7635 abv buy tgt looks 7700--7740 expectcrude mcx 7635 abv buy tgt looks 7700--7740 expect keep tight sl 90.55$ as per chart looking short recovery
CRUDEOIL - INTRADAY UPDATE - 28 SEP - Crude oil is losing momentum in the 1 hour chart due to persistently high interest rates.
- Waiting for momentum to return near 6 p.m. today.
- The chart shows possible targets for crude oil in the near future.
Analysis
The 1 hour chart of crude oil shows that the commodity has been losing mom
CrudeOil Important Levels to watch !CrudeOil important levels to watch are as follows
#Support: 7460
Sell below: 7460 only on 15 minute candle closure below the level.
Target 1: 7420
Target 2: 7360
#Resistance: 7570
Buy Above: 7522 for scalping and buy above 7570 for directional trade only on 15 minute candle closure Above the
crdue spot or mcx megaupdate at higher pricealready told here 91.55 it will be zoom see now wht happened now eyes on 95.55$ if sustain abv or close thna expect 97--99++++ over all if 91.55 abv stable bull zone active be care full seller????-- in mcx 7580-7643 crucial support for crude if hold abv thna bu on dips with sl nxt heading towards
CRUDE OIL - OCTOBER 1st Week PlanCrude Oil
Double bottom pattern on 4 hr time frame
T1-7625
T2-7675
T3-7796
SL - 7463
Trail Sl 1- 7500
Trail SL 2 - 7559
Trail SL 3- 7625
All study for educational purpose only
crude oil new update (previously even after the breakout we avoided to o=go long)
the recent pullback is the reaction of higher time frame inducement where price made a imbalance and didnt retest the resistance zone
so there 7195 - 7065 will act as short term support and it is also a fair value area from higher time
mcx Crude oil after a bull run from june 23 lows of 5500 to 7800 levels in September .can see correction in coming month towards 6700-6500 levels .if futures fails to close above 8000 level in next few weeks .so on any rise towards 7800 go short important resistance 8000 on closing bases .
Is Crude heading towards All time High....?Is Crude taking a small support and targeting towards all time high.... only time has to say!!!!
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