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WTI Crude Oil 3 Month Spread Synthetic

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5A1! trade ideas

Crude Oil MCX Future Weekly Analysis 4-8 March, 2024📊 CRUDE OIL 20 MAR FUT LEVELS Analysis 🎯 Weekly Range: 393 ➡️ Buy: 6543.87, Avg Pos: 6497.5 🎯 Buy T1: 6880.87, Buy T2: 7031 ❌ Buyer SL: 6412.87 💰 Sell: 6451.13 🎯 Sell T1: 6395.13, Sell T2: 6245 ❌ Seller SL: 6582.13 Analysis: The CRUDE OIL 20 MAR FUT shows a weekly range of 393. A buy entry is suggested at 6543.87 with average position at 6497.5. Buy targets are set at 6880.87 and 7031, with a stop loss at 6412.87. Conversely, a sell entry can be considered at 6451.13, aiming for targets at 6395.13 and 6245, with a stop loss at 6582.13. Traders should exercise caution and perform thorough analysis before initiating any positions. #CrudeOil #Commodities #Energy #OilPrices #TradingOil #MCX #OilAnalysis #OilMarket #OPEC
MCX:CRUDEOIL1!
by NumroTrader
CRUDECrude oil bullish on weekly chart. Took support on 200 EMA on weekly chart (White Line). W pattern in making. Demand Zone is marked as Green shaded horizontal area. Double Bottom is marked with 2 Stars which makes Demand Zone stronger. Resistances are marked as red horizontal lines (For Long Term). Stoploss is marked as orange horizontal line (For Long Term). Breakout trade above Skyblue Horizontal line with its Stoploss at Pink Horizontal line. Price already bounced from Demand Zones. Rest all levels are marked on the chart. Breakout trade:- Buy above 6555 Stoploss 6300 Targets 7770 - 8800 - 9600 Support Based Trade:- Buy 5700 Stoploss 5210 Long Term Tgts 6555 - 7770 - 8800 - 9600 This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
MCX:CRUDEOIL1!Long
by MasterTrader1949X
Crudeoil | MCX | Feb 29Timeframe: 1 Hour Strategy: Bearish Oil Price Decline: Oil prices extended losses due to a larger-than-expected increase in U.S. crude stockpiles, heightening concerns about sluggish demand. Stockpile Build: U.S. crude inventories rose for the fifth consecutive week, increasing by 4.2 million barrels, surpassing analysts' expectations. Elevated Interest Rates: Worries about a slow economy and reduced oil demand in the U.S. were exacerbated by the anticipation of delayed U.S. rate cuts, contributing to market pressure. Market Sentiment: Large stockpiles fueled investor worries about economic slowdown, while the outlook for delayed interest rate cuts and high borrowing costs added to negative sentiment. Upcoming Economic Data: Traders awaited the U.S. personal consumption expenditures price index for more trading cues, expecting insight into inflation trends and potential impacts on the market. Geopolitical Tensions: Ongoing conflicts in the Middle East, particularly concerns related to Jerusalem, were noted as factors likely to keep a floor under oil prices amid global uncertainties.
MCX:CRUDEOIL1!Short
by Shalvisharma5
2
#CRUDEOIL | Update MCX | 23rd Feb Timeframe: 1 Hour 📉 Crude oil poised for reversal post-resistance at 6542, with potential retest and move towards the next resistance at 6583. 🔹WTI crude prices stable around $78/barrel for the week. 🔹Initial 2% dip attributed to interest rate and demand worries. 🔹Strong US inflation data suggested higher borrowing costs. 🔹Market recovered as geopolitical tensions and lower US crude inventories resurfaced. 🔹Global shift to renewable energy remains a factor in oil demand.
MCX:CRUDEOIL1!Short
by Shalvisharma5
2
Crudeoil | MCX | 22 Feb update🔹 Timeframe: 1 hour 🔹Bull above 6500 🔹CrudeOil may test resistance at 6568 per barrel, a break above could lead to a gain into 6500 range. US refineries resuming operations after outages, boosting demand. Weaker dollar makes oil cheaper for buyers, increasing demand. Geopolitical tensions add support to prices. But, US crude inventory build raises concerns, limiting price gains. Official inventory data expected tomorrow may impact pricing further.
MCX:CRUDEOIL1!Long
by Shalvisharma5
CRUDEOIL | MCX | 19-20th Feb📊 Analysis 🔍 Timeframe: 1 hour 📈 Strategy: Bullish, then Bearish Observing a robust rejection point at 6600. Anticipating either a range-bound market or rejection from a bearish OB. Considering recent news: Oil prices remain in a tight range amid Red Sea ship attacks and demand worries. Brent crude and WTI show slight gains at $83.57 and $78.48, supported by ongoing tensions in the Middle East. Share your insights! If you concur, give it a thumbs up. 👍 #OilMarketAnalysis #TradingStrategy
MCX:CRUDEOIL1!
by Shalvisharma5
1
Crudeoil MCX || 16 FebEA's Optimistic View: IEA forecasts global oil supply to outpace demand, with non-OPEC countries leading the rise. OPEC's Limited Options: OPEC faces challenges as demand for its oil is predicted to decline, limiting room to lift output without oversupply risks. Dubious Non-OPEC+ Increase: Doubts arise over IEA's projection of a 1.6 million barrels per day surge in non-OPEC+ oil production, especially regarding U.S. output. OPEC's Response: Some OPEC nations commit to deeper cuts, challenging the IEA's rosy picture, and suggesting the market may not be as comfortable as depicted.
MCX:CRUDEOIL1!Long
by Shalvisharma5
Crudeoil Update || Feb13 || MCX Timeframe: 1 Hour Strategy: Long 🔶BULL above 6400 --- target 6486, 6520 🔶WTI crude futures stayed around $77 per barrel, near a two-week high, due to ongoing tensions in the Middle East. 🔶Israel's airstrikes in Gaza and Hamas ceasefire rejection impacted oil prices, but talks in Beirut hinted at easing tensions. 🔶Concerns about inflation and potential delays in Fed rate cuts could limit oil price gains. 🔶Investors are awaiting key US inflation data and monthly reports from OPEC and IEA for further insights.
MCX:CRUDEOIL1!Long
by Shalvisharma5
1
#CRUDEOILUpdate || MCX || 9th Feb Timeframe: 4 Hourr⏰ Strategy: Neutral WTI crude rose above $76 per barrel, up nearly 6% for the week, driven by ongoing Middle East tensions. Geopolitical events, including an Israeli-Hamas conflict and a US strike in Iraq, influenced prices. Additionally, US gasoline inventories dropped more than expected. If it fails to sustain above 6300, then crude will be bearish. Above 6326, bullish Check above mentioned level before entering in trades.
MCX:CRUDEOIL1!
by Shalvisharma5
Crude MCX can fall till 5705On 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
MCX:CRUDEOIL1!
by JaiPrakashShuklaHarmonicTrader
1
Crude Oil MCX Future Weekly Analysis for 05-09 Feb., 2024 📊 Trading Marcos' Weekly Analysis - Crude Oil MCX Feb Future 📈 CRUDE OIL 17 FEB FUT LEVELS 🛢️ Weekly Range - 550 Analysis: The weekly analysis for Crude Oil MCX Future suggests a favorable trading setup: Buy Levels: Buy at 6318.9 🎯 Target 1 - 6369.9 🎯 Target 2 - 6580 Average Position: 6254 📈 Buyer Stoploss: 6135.57 🛑 Sell Levels: Sell at 6189.1 🎯 Target 1 - 5690.1 🎯 Target 2 - 5480 Seller Stoploss: 6372.43 🛑 Master Tip: Avoid Selling on 5 Feb., or wait for a candle closed below 5980 and sustain for 1 hour at-least for a jackpot trade of 500 points. Key Points: The Buy Targets indicate potential upward movements, providing profit-taking opportunities. Average Position at 6254 suggests a strategic approach for risk management. Buyer Stoploss at 6135.57 helps protect against adverse market conditions during a buying position. The Sell Targets offer options for short positions, anticipating potential market corrections. Seller Stoploss at 6372.43 acts as a safety net for sellers, preventing substantial losses. Disclaimer: Trading involves risks, and decisions should be made based on personal analysis and risk tolerance. Always use appropriate risk management strategies. 🚀 📉 #CrudeOil #MCX #CommodityTrading #WeeklyAnalysis #TradingSignals #MarketOutlook #TradingMarcos
MCX:CRUDEOIL1!Short
by NumroTrader
1