#CrudeOil Update || MCX || 18 JanTimeFrame: 1 Hour
Bullish 🔼 above 6122,
Bearish 🔽 below 6037.
Monitoring key levels for potential market moves. #Trading #Commodities"
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391! trade ideas
Crude Oil MCX Future Analysis for Today 19 Jan'24 📊 CRUDE OIL 20 JAN FUT LEVELS
📊 Day Range: 173 Point
📈 Buy at 6106.91
🎯 Target 1: 6258.91
🎯 Target 2: 6325
🔍 Add one lot at 6086.5
❌ Buyer SL: 6056.09
📉 Sell at 6066.09
🎯 Target 1: 6045.09
🎯 Target 2: 5979
❌ Seller SL: 6116.91
Trade with trends to turn green! Resiprocate your love by following and comment!
Crude ready for 6330 , 140 points profit running, On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude oilThe crude oil trade presents an enticing opportunity with a 1:3 risk-reward ratio, offering the potential for substantial gains. Investors can capitalize on silver's price movements, taking a calculated risk with the prospect of tripling their initial investment if the trade unfolds favorably. This favorable risk-reward ratio makes the silver market an attractive option for those seeking potential high returns relative to the risks involved.
Crude Oil - MCX
Price level of 6062 is crucial. In terms of US Oil $72.8 is the crucial level. Buy only above this level. For detailed note, please refer to notes on US Oil Chart.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
CRUDEOIL UPDATE || MCX TIMEFRAME 4 HOUR
If crude oil can sustain above the current triangle pattern, there's potential for an upward movement of +270 points.
BIG DAY FOR CRUDE! WATCH OUT FOR POTENTIAL BREAK OUT!
#CrudeOil setup || MCX || 8th - 9th Jan
📊 Time Frame : Daily
📉Strategy : LONG
📆 08.01.2024
The crude oil market has exhibited signs of recovery following a recent dip. Several factors suggest that the prevailing conditions could contribute to a potential spike in crude oil prices in the near future, particularly driven by buyer dynamics and broader market conditions.
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Crudeoil Mcx-multiple bounce from demand zone range 5800-6000 multiple touches on down trendline from correction 7700 can see bounce back towards 7000-7500 levels in next 3-4 month if 6000 holds on weekly and monthly closing above 6000 levels .low risk high return possible .on bases of down trend channel breakout .
Crude MCX
Price Levels for crude have been mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Crude PriceCrude is at a crucial juncture. If price breaks out from the trend line we can see a good price movement. Need to wait and watch.
crude oil in ChannelStudy says that crude is travelling in channel since long
once it break it will break it will give spike in either way
It has retraced after high of 9990. Lets see.
Crude Oil - MCX
Price and Time Levels have been marked on the chart. Please adhere to the time schedule strictly.
Candle marked in the green is going to be Pivotal and will decide the future trend for the commodity.
crdue spot or mcx update blw after lvl breakouteyes on wti spot 70$ stya blw looks dwn 69--68.20$ in mcx stya blw 5880 looks dwn fall only till 5810--5740+++++ yes uper hurdel 71.55 or in mcx 5911 abv mkt may be up side turn
[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.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Expecting a Upside rally in Crude OilI am expecting a Upside rally in Crude Oil in next 2-3 months. The reason is after a big dip now Crude Oil is taking support at a Major support level and forming W pattern.
CrudeOil important levels to watch !CrudeOil important levels to watch are as follows
📍 Support: 6155
📊Sell below: 6155 only on 15 minute candle closure below the level.
📉Target 1: 6100
📉Target 2: 6050
📍 Resistance: 6225
📊 Buy Above: 6225 only on 15 minute candle closure Above the level.
📈Target 1: 6290
📈Target 2: 6355
⚡⚡ Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
⚡⚡Please refer our Indicators published on tradingview if you find it useful give it a like.
⚡⚡ Follow us for more such information, educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#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.
#Crudeoil || Indian market || Update 30th DecIn the current scenario, consider initiating a long position if and only if a candle sustains above the 6053 level.
On the other hand, for a short position, wait for the level of 5983 to be broken, ensuring that at least one candle maintains its position below this level.
Please confirm if these levels are suitable for you by commenting and liking. 👍
#CRUDEOIL || 28 Dec || Intraday setup
TimeFrame: 45 Mins
The parallel channel in the market suggests a prevailing trend. After a
recent upward movement, there's currently a downside trend of more
than 50 points.
Additionally, the formation of three bottoms indicates a potential reversal
in the direction of the trend after touching parallel support
Give it a thumbs up if you agree and support👍 🚀
CRUDEOIL | Swing TradeDisclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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Market is on bullish sideMarket has created a inverted head and shoulder pattern which indicates market is bullish.
Poised for bullishness in the short term - CRUDEOILCRUDEOIL is about to give a good upside impulse if it proves the above theory.
Crudeoil- Breaks the trendline-begins bull raceCrudeoil- Breaks the trendline-begins the bull race
200SMA and Monthly CPR are the main defenders now
If crudeoil manages to clear both defenders we can expect a bull rally
And we can easily achieve profit goal
