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
391! trade ideas
US OIL Showing Bullishness
As per my previous idea 91.19 was the level to short. Buying levels if 91.19 is crossed convincingly are mentioned on the chart 91.72 and 93.3 are major hurdles.
Is Crude heading towards All time High....?Is Crude taking a small support and targeting towards all time high.... only time has to say!!!!
Crude Oil - 25th Sep 2023Crude oil
Study -
Pattern - Falling wedge
Candle stick - Two hammers on 15 min time frame confirmation upside move
tgt 7500,7538
SL- 7460
This chart is Only for educational purpose
crude spot or mcx crucial update blwas per chart analysiscrude spot eyes on 91.50 if stya abv thna mkt nxt up side 92.30-93$ wjere if hold blw 90$ will see dwn sid emove 89--87$ expect as per chart-- in mcx 7560 if clsoe abv thna think nxt rally otherwise mkt soon 7450-7400 or blw 7370 thna after bear mode active more lvl stya here with lvl
SYMMETRICAL PATTERN SPOTTED IN #CRUDEOIL -- WHAT TO DO?
The symmetrical pattern means a neutral chart pattern with two converging trend lines. More likely to break out in the direction of the prevailing trend.
SELL BELOW - 7470
BUY ABOVE - 7580
CRUDE OIL CUP AND HANDLEIf price crosses above 7500, targets can be 7550, 7650 and 7750 depending on the holding period.
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: 7400
Target 2: 7315
#Resistance: 7560
Buy Above: 7560 only on 15 minute candle closure Above the level.
Target 1: 7645
Target 2: 7740
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
crude oil - MCX - 22nd September 2023Crude Oil
Elliot wave correction wave ABC - completed after a fresh uptrend
Reversal from 7353 support levels seen
Target - 7699
Stoploss- 7430
This chart is only for educational purpose, do your own study before doing any trades
crude mcx or spot interday updatecrude sustaina v already 90.55 thna expect 91.50--92.10 in mcx 7555--60 if stya abv or close abv thna nxt tgt 7700++++ let see lvl firstt
CRUDEOIL - NEXT WEEK - EXPECTATIONS
Russia's diesel export ban sends European prices soaring, amid geopolitical tensions, which could also lead spike in crude oil prices.
CRUDEOIL - SHort trade plan?Look closely at the chart. Each time crude oil tries to gain upside momentum, it falls back to the same support level.
#CRUDEOIL UPDATE || 21 SEP
Fed rate hike signals pushed oil prices lower, with Brent crude closing at $92.40 and WTI at $88.57, marking a second day of losses.
Analysts expect consolidation to continue, with short-term tightness supported by supply constraints.
SUMMARIZE: We are expecting crude oil to fall between - 1.5 - 2.7% within this week
CRUDEOIL SELL SETUP Disclaimer:
Am not SEBI Registered Consultant. This is for Educational Purpose only.
Please consultant your financial advisor before any financial decisions made.
Sell near the Grey Zone (Supply zone ) and exit the trade beyond the zone.
Crude Oil MCX - 21st Sep 23Inverted head and shoulder pattern
This chart is only for educational purpose
Crude Oil - Technical Analysis, Timeframe: 4-hour Technical Analysis:
Crude oil is currently trapped in a demand zone. This means that there is a concentration of buyers at this price level, which is preventing the price from falling further.
If the price of crude oil can break through the resistance at the top of the demand zone, it will likely continue higher.
Trading Strategy:
Traders who believe that crude oil will continue higher can look to buy a break above the resistance at the top of the demand zone.
Overall, the technical outlook for crude oil is bullish as long as the price remains above the demand zone. A break above the previous swing high would be a particularly bullish signal.
CRUDE OIL MCX - OCTOBER MONTH SERIESCrude Oil Study
As per Elliot Wave theory Last wave is still left for upside
Time frame for analysis - 30 min
Target 1 - 7568
Target 2 - 7608
Target 3 - 7630
Target 4 - 7664
Target 5 - 7718
Target 6 - 7776
SL - 7400
This chart is only for educational purpose do your own study before taking any trades
Crude Oil - October SeriesOverbought Crude Oil Price Action seen
Rsi - oversold
chart pattern - Extended M pattern, Bearish Engulfing on 15 min time frame.
Target - 7500 spot
SL - 7650
This chart is only for Educational purpose do your own study before taking any trades
Crude Oil MCX on DTFHello Fellow Traders,
I am bringing one more EW chart analysis for your kind perusal.
Expected WAVE C Projection is 6399 - 6292. before it resumes new impulsive WAVE.
#Crude Oilone more high possible before Wave 4th Correction.
Its Moving in 5th of 3rd
After Completion of this wave will see Fall 38% to 50%
CrudeOil Important Levels to watch !CrudeOil important levels to watch are as follows
#Support: 7501
Sell below: 7500 only on 15 minute candle closure below the level.
Target 1: 7460
Target 2: 7410
#Resistance: 7540
Buy Above: 7540 only on 15 minute candle closure Above the level.
Target 1: 7570
Target 2: 7610-7630
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Cup & Handle
📌 Symbol/Asset: CRUDE (MCX)
🔍 Description: Commodity has given channel breakout with Cup & Handle pattern.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately
CRUDE OIL MCX - EXPIRY VIEW 15TH SEP 2023Time frame - 15 min
Observation -
1. A pin Bar near support of 7338
2. A big green bullish candle showing strength of uptrend
Overall view Bullish
Target and Sl both shown in analysis. This chart is only for educational purpose. Do your own study before taking any trades
