Crudeoil - at the verge of trendline breakoutCrudeoil - at the verge of trendline breakout Monthly CPR is narrow Buildup near the trendline resistance indicate high probability of breakout Price can't reach previous swing lows indicating strong buying pressure #crudeoilLongby PivotXplorer443
Crude Oil View - 22 December 2023Earlier, we had taken a long trade on crude oil based on trends. Now, a slight pullback is expected. I've marked the levels I'm playing with and my position. 6200 has been rejected many times already, and expecting it to be rejected this time as well. The targets are not much. I'm expecting only 3-4% in profit and -2% loss at max. Manage risk accordingly.Shortby pr0pUpdated 2
Crude - MCX This is the image which I shared with you a few days back, It is a very crucial day today and trade carefully. Buy only 6266, if broken decisively. Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. 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. by rekhi5671
Crude OIL Swing Trade - DecemberCrude oil has given a very good fall. But has it bottomed out? From the charts, we can see 5700 levels is where crude has formed the nearest bottom. Also, the swing high is 6000. I will go long if 6000 is taken out in the next couple of days. Otherwise, I will not be trading on crude.Longby pr0pUpdated 4
#CRUDEOIL || 22 Dec || Intraday setup 🔸Timeframe: 4 hour 🔸Strategy: Long In yesterday's session, crude oil prices experienced a decline following inventory data. However, in the 4-hour time frame, a Doji candlestick pattern was observed, indicating market indecision, and subsequently, a reversal towards the upside. For today's session, the resistance is identified at 6225-6228. If this level is breached, there is potential for a 30-point upward movement. The bullish scenario would be invalidated if the price falls below 6204. If trend is reversal I will share update before it. _____________ 🔸If you understand and support my view give it a thumbs up👍Longby Shalvisharma54
Crude 5840 down side Target for next few days 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 hitby JaiPrakashShuklaHarmonicTrader331
#CrudeOil Update || 21 Dec Levels Crudeoil Intraday Timeframe: 15 min Strategy: Neutral On December 21, oil prices declined, breaking a three-day winning streak, primarily driven by concerns about low demand following an unexpected rise in U.S. crude inventories. Despite worries about global trade disruptions from Middle East tensions, the focus shifted to sluggish demand. The provided chart levels are crucial for intraday setups, with potential gains of 25-30 points in either direction, depending on market respect for these levels. _____________________ Mentioned chats levels in the chart are for intraday setup by Shalvisharma52
Crudeoil Important Levels to watch !CrudeOil important levels to watch are as follows 📍 Support: 6020 📊Sell below: 6020 only on 15 minute candle closure below the level. 📉Target 1: 5970 📉Target 2: 5900 📍 Resistance: 6100 📊 Buy Above: 6100 only on 15 minute candle closure Above the level. 📈Target 1: 6145 📈Target 2: 6200 📈Target 3: 6250 ⚡⚡ 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.by InvestyourAssetUpdated 5
CRUDEOIL at the verge of a breakout while Nifty fallsCRUDEOIL at the verge of a breakout after traders booked profits from equity. It is supposed to pump money in commodity market. Other Technical Reasons: 1) Taken support 2) Crossed 20 EMA 3) Good Volume Support 4) About to form ‘Three white soldiers’ patternLongby D_Street_Wolf4
CRUDEOIL update || Dec 20 Time Frame: 1 hour Strategy: Long - BREAKOUT🔥 Crude oil is poised for a potential breakout towards the 6300 range as it faces resistance. The current stability is influenced by Houthi militants' activities in the Red Sea, impacting oil supply. Initial concerns led to a rise in prices. Today's crude oil inventory data could further impact the market, shaping future trends. Stay tuned for updates. Target1: 6250 Target2: 6275 Target3: 6300 Longby Shalvisharma5Updated 1
crude mcx or spot update at near inventory release eyes on crude spot 75.20 if sustain abv thna nxt up side move 76--76.50$ where support 73,50 only blw looks den in mcx 6270 stya abv looks up side till 6310--6350++++++ buy on dips after lvl sl 6155 Longby kailashcfa330
Crude oil Long opportunity Inverse H&S pattern. Expecting 6300 Above break of blue resistance line fresh long Longby Tradezonemohit0
crude mcx update abv 6028on dialy chart crude if sustain orhold abv 6028 dedcat bounce on chart looks til 6130--6180+++++ only blw 5970 looks some dwn side move for short term in crude spot abv 72.69 no worry for bulls some bounce expect till 74-75$ near more update stya here by kailashcfa33Updated 222
Crude Oil - MCX - update Please read the notes on the chart carefully. Now, how to trade next week? For that you can refer to my publication on US Oil which I will publish soon, but surely before Monday. The reason for not giving you "HOW TO TRADE" here is that US Oil is the parent price movement on the basis of which this chart moves; so kindly bear with me and always refer to that chart. Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. 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. by rekhi5678
crudeoilbuy crudeoil for the target of 6750-7663-8556-9399-10005-12900 with closing stoploss below 5047 small closing stoploss 5290Longby slkingyogeshUpdated 1115
Crude Oil Hero Zero Setup - 14 December 2023Crude has been bullish since morning. We can buy 5900 CE in crude for hero zero if it sustains above 5910Longby pr0pUpdated 4
14/12/2023 Crude oil weekly analysis using gartley pattern1- used harmonic pattern Gartley pattern 2- 5290 is a small support 3- main support is 4575 5-target is too big Longby ananddokras822
CrudeOil Important Levels to watch CrudeOil important levels to watch are as follows #Support: 5870 Sell below: 5870 only on 15 minute candle closure below the level. Target 1: 5820 Target 2: 5740 #Resistance: 5955 Buy Above: 5955 only on 15 minute candle closure Above the level. Target 1: 6010 Target 2: 6080-6085 => # 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 do your own research before initiating any trade. Always use stoploss in order to protect your capital. => # 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.by InvestyourAssetUpdated 21
Massive sell of Crude post US CPI data - 12 December 2023 News Based: Post-CPI Inflation data 3.1% rise in November YoY - Massive sell-off of Crude was seen. Higher oil prices contribute to inflation directly and by increasing the cost of inputs. Hence, we can see a massive crude oil sell-off. Technicals 5755 is a crucial level if Crude sustains below we can see a massive downfall as seen in the image Shortby pr0pUpdated 1
crude spot or mcx update blwcrude spot eyes on 69$ in mcx 5750 if stya blw or close 2 days thna nxt tgt 5560--5500-5440+++ in spot wee se 65--63+++++ yes on daily chart looking trend line support nearby kailashcfa330
CRUDEOIL - 11 December 2023 Crude oil has fallen badly for a few days. Based on demand and supply - marked dot-to-dot levels Today crude has been bullish A morning star pattern has been formed, and there is confirmation Entered during fib retracement. I'll be trailing at 5980 and SL at 5910 . Current level 5940 is crucial, and we can expect a good up move if bullishness continues. NOTE: This is a contrary trade with a significant risk. This is not a tip but my view of crude.Longby pr0pUpdated 1
CRUDEOIL UPDATE || Dec 12#CRUDEOIL UPDATE || Dec 12 Timeframe: 4 hourTimeframe Direction: Long (Intraday) Advising buys above 20 & 30 EMA. Maintaining my view on crude oil, anticipating a touch at the 5600 level before an upward move. Oil prices went up slightly because investors are waiting for important decisions about interest rates and inflation. The upcoming U.S. Consumer Price Index (CPI) report and the Federal Reserve meeting will have a big impact on the oil market. There are also political tensions in the Middle East, which could affect oil prices. #OilMarket #TradingStrategyLongby Shalvisharma57