[MCX] Crudeoil Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
Crude Oil Mini Futures
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CRUDE OIL By KRS ChartsDate: 2nd July 2025 / 19:35
Why Crude Oil ?
1. Starting with 1H Tf. Accumulation is visible with LLs to Sideways and now HHs & HLs
2. Crude oil Price is currently in Buy Zone with strong support.
3. Recent Gap Dow is likely to be Shakeout for Buyers.
4. In Bigger Timeframe price ha
Crude buy near support sell near resistance recent low re-test How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
CRUDEHello & welcome to this analysis
USOIL / CRUDE (MCX) after a very sharp rally till the slanting channel have now retraced to very strong support levels as per the ICHIMOKU indicator in daily time frame.
One could look for a 4hrs reversal candle confirmation between $64.50 - 63.75 / INR 5625 - 5450
Crude oil holdbuy trade 5820, 1st upside target SL 5570 now How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Crude buy on dip recommended ,5800 target trail sl to 5650 How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Crude given breakout upside target on chart buy on dip givenHow My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
Crude buy on dip until 5550 not break 5700,5820,5980 target How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone: D13% -D15% is
range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed
SL reversal zone : SL 2
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Pros: Early signals, useful for reversals.
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Technical Trading
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Technical trading focuses on using historical price data, volume, and technical indicators to predict future price movements. Traders use
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for Crude Oil Mini Futures is Sep 19, 2023.
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 Crude Oil Mini Futures before Sep 19, 2023.