Crude Oil (MCX) BullishW pattern in making
already reversed from Double bottom.
rest all levels are marked on the chart.
Breakout Based:-
Buy above 7702
SL 7418
Tgt 8789 - 9560 - 9997
Support Based:-
Buy near 7060
SL 6787
Tgt 7702 - 8789 - 9560 - 9997
This is for educational purpose and papertrading only. Please consult your financial Advisor before investing. We are not SEBI registered.
Happy Trading.
Crude Oil Mini Futures
CRUDEOILM1! trade ideas
CURDEOILmcx crudeoil looking bullish gave breakout on daily chart 4month old resistance in upcoming days we can see 7500 and 7700
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader
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Weekly Triangle Pattern Breakout in CrudeWeekly triangle pattern break out in Crude.
Entry: CMP
Stop Loss: 5658
Target 1: 7884
Target 2: 9635
Positive for: Companies with crude as an output. Examples are ONGC, IOC, RIL, OIL INDIA, BPCL, HPCL, ETC.
Negative for: Companies with crude as an input. Examples are ASIANPAINT, BERGER PAINTS, MRF, APOLLOTYRE, GSFC, TATACHEM, ETC.
More importantly rising crude prices is bad news for economy as inflation is likely to continue to remain elevated. With higher than normal predicted summer temperatures, electricity bill for end users is likely to remain elevated.
Crude Oil Analysis - Triangle Breakout 📊 Technical Analysis:
- Triangle breakout with minor consolidation
- MA supporting the bullish trend
📈 Trade Setup:
- Long position initiated at breakout
- Trade with Stop-loss
🚨 Disclaimer:
This is not financial advice. Trade at your own risk. Past performance is not indicative of future results. Consult with a financial advisor.
⛽ Crude Oil MCX April Future Weekly Chart Level 1-5 April, 24 🛢️ CRUDE OIL 20 APR WEEKLY FUT LEVELS by Trading Marcos
🎯 Weekly Range: 200
📉 Buy at: 6846.6 | Average at: 6823.0
🎯 Buy Target 1: 7032.6 | 🎯 Target 2: 7109.0
🛑 Buyer Stop-loss: 6779.93
📉 Sell at: 6799.4
🎯 Sell Target 1: 6785.4 | 🎯 Target 2: 6709.0
🛑 Seller Stop loss: 6866.07
#Crude #CrudeOil #CrudeOption #CrudeFuture #MCX #MCXLevels #OilFuture
Don't forget to reciprocate your love by boosting and following #Trading Marcos
Crudeoil | MCX | update Mar 27Crude Oil: Technical & Fundamental Headwinds
📆 Update - Mar 27
🕓 Timeframe: 1 hour
📈Technical Breakdown: A rising wedge pattern on the 1-hour chart has broken, potentially signaling a downtrend. (Your previous analysis is acknowledged!)
Target to be: 6690/ 6660
💲Price Drop: WTI crude futures fell to $81/barrel on Wednesday.
Inventory Surge: US crude inventories unexpectedly surged by 9.337 million barrels, the highest in a year.
Supply Concerns Waning? This inventory build could indicate easing supply concerns.
🆘Geopolitical Uncertainty: However, Ukrainian attacks on Russian refineries and Middle Eastern tensions create market unease.
#CrudeOil Update || MCX || 21st
🌐Timeframe 1 Hour
📅 Date: March 21
📉 Technical Analysis: Crude oil found support at 6724 and rebounded towards resistance levels, indicating resilience despite recent fluctuations.
📊 As per the news, oil prices remained stable despite previous declines, supported by unexpected drops in US oil stocks and concerns over Russian refinery attacks.
#Crudeoil update || 15 Mar
📆Date: 15 Mar
🕓TimeFrame: 4 hour
Technically:
🔸Crude oil forms a rising channel after reaching resistance at 6767, beyond a bearish overbought condition. It now trends downward on the 4-hour timeframe.
Target 1: 6578
Target 2 : 6500
As per the news:
🔸Energy agencies anticipate Q2 oil supply shortfall due to extended OPEC+ cuts.
🔸IEA optimistic on global demand, EIA raises US production forecasts.
🔸Permian Basin shale crucial; US output expected to hit record levels, per Commerzbank.
Crude Oil Analysis: Potential Rally Ahead Towards 6800Hey Traders,I'm keeping a close eye on crude oil as it appears to be gearing up for an interesting move. Currently, it seems like crude oil is heading towards the $6800 mark.The key level to watch out for is the Chanmep level. If we see a breakout above this level, it could signal the start of a significant rally.Keep a watchful eye on the charts and let's see how this plays out!Disclaimer: This is just my personal analysis and not financial advice. Always do your own research before making any trading decisions
Crude Oil : Buy here Inverse Head & Shoulder pattern is BreakingCrude oil is very bullish, Buy here @6660 with Sl 6400 tgt 7450
Inverse Head & Shoulder pattern is Breaking Out
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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