CRUDE OIL - LONG ENTRYCrude Oil Bullish View Above 5840
CMP 5826.
Weak Below 5700.
Ready For upside 6000-6200+
For Educational Purpose Only.
CLU2032 trade ideas
Crude Oil Intraday Technical Analysis for 18 November🚀 Unlock the potential with my #CrudeOil Intraday Technical Analysis for 18 November, 2024!
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📍 Range Trigger Point: 5669
📅 Day Range: 143
📈 Long Position
🔹 Buy Above: 5744
📊 Average Position: 5728
🎯 Target 1: 5757
🎯 Target 2: 5812
⛔ Stoploss: 5697
📉 Short Position
🔹 Sell Below: 5711
🎯 Target 1: 5581
🎯 Target 2: 5526
⛔ Stoploss: 5758
✨ With over 6 years of research and back tested strategies, I provide clear intraday and positional trading levels for indices such as Nifty50, Bank Nifty, Fin Nifty, and Mid-Cap Nifty, along with commodities like Crude Oil, Natural Gas, Gold, Silver, Copper, and Zinc in both US and MCX markets.
My analysis is based on the position of buyers and sellers on previous day's technical charts. By studying candlestick patterns, trading volume, indicator confirmations, and other important signals, I can identify the best price ranges, entry points, timing, and appropriate stop-loss levels.
I teach a specific trading approach based on live market confirmations to make the most of these levels. Follow and connect with me to learn how to effectively implement these strategies and improve your trading results! 📈
#CrudeOil #CrudeOilMCX #Commodities #TradingSignals #IntradayTrading #MCX #NumroTrader
Crude Oil Futures: Key Levels and Scalp Trade StrategiesThe daily chart of Light Crude Oil Futures (NYMEX) indicates a long-term bearish trend, with key levels offering opportunities for short-term scalp trades.
Key Observations:
Downtrend Resistance: The yellow trendline starting from 2022 highs continues to cap upward movements.
Support Zone: $66.40 is a critical level where buyers repeatedly defend, creating a strong price floor.
Resistance Levels: $72.58, $77.20, and $84.20 serve as major hurdles for upward price action.
Volume: No significant volume spikes currently, but monitor closely for breakout confirmation.
Scalp Trading Opportunities:
1. Long Trade:
Entry: Near $66.40 support on a bounce.
Targets: $69.00 (nearest resistance) and $72.58.
Stop-Loss: Below $65.90.
Why? Buyers consistently hold this level, making it ideal for quick upward moves.
2. Short Trade:
Entry: Near $72.58 resistance after a rejection.
Targets: $69.00 and $66.40.
Stop-Loss: Above $73.50.
Why? Sellers dominate this zone, offering quick pullback opportunities.
Key Points to Watch:
Bearish Breakout: A high-volume breakdown below $66.40 could send prices to $60 or lower.
Bullish Reversal: Breaking the yellow trendline and $77.20 resistance could spark a rally toward $84.20.
Volume Confirmation: Significant volume spikes near key levels (support or resistance) often confirm a breakout or rejection.
Crude Oil MCX Future Intraday Technical Analysis for 25 Nov🚀 Unlock the potential with my #CrudeOil Intraday Technical Analysis for 25 November 2024!
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📍 Range Trigger Point (RTP): 6,028
📅 Day Range: 167
📈 Long Position
🔹 Buy Above: 5,971
📊 Average Position: 5,952
🎯 Target 1: 6,131
🎯 Target 2: 6,195
⛔ Stoploss: 5,916
📉 Short Position
🔹 Sell Below: 5,932
🎯 Target 1: 5,925
🎯 Target 2: 5,861
⛔ Stoploss: 5,987
✨ With over 6 years of research and back-tested strategies, I provide clear intraday and positional trading levels for indices such as Nifty50, Bank Nifty, Fin Nifty, and Mid-Cap Nifty, along with commodities like Crude Oil, Natural Gas, Gold, Silver, Copper, and Zinc in both US and MCX markets.
My analysis is based on the position of buyers and sellers on previous day's technical charts. By studying candlestick patterns, trading volume, indicator confirmations, and other important signals, I identify the best price ranges, entry points, timing, and appropriate stop-loss levels.
I teach a specific trading approach based on live market confirmations to make the most of these levels. Follow and connect with me to learn how to effectively implement these strategies and improve your trading results! 📈
#CrudeOil #CrudeOilMCX #Commodities #TradingSignals #IntradayTrading #MCX #NumroTrader
Crude Oil MCX Future Intraday Technical Analysis for 22 Nov🚀 Unlock the potential with my #CrudeOil Intraday Technical Analysis for 22 November 2024!
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📍 Range Trigger Point (RTP): 5,905
📅 Day Range: 132
📈 Long Position
🔹 Buy Above: 5,908
📊 Average Position: 5,892
🎯 Target 1: 5,987
🎯 Target 2: 6,037
⛔ Stoploss: 5,864
📉 Short Position
🔹 Sell Below: 5,876
🎯 Target 1: 5,823
🎯 Target 2: 5,773
⛔ Stoploss: 5,920
✨ With over 6 years of research and back-tested strategies, I provide clear intraday and positional trading levels for indices such as Nifty50, Bank Nifty, Fin Nifty, and Mid-Cap Nifty, along with commodities like Crude Oil, Natural Gas, Gold, Silver, Copper, and Zinc in both US and MCX markets.
My analysis is based on the position of buyers and sellers on previous day's technical charts. By studying candlestick patterns, trading volume, indicator confirmations, and other important signals, I identify the best price ranges, entry points, timing, and appropriate stop-loss levels.
I teach a specific trading approach based on live market confirmations to make the most of these levels. Follow and connect with me to learn how to effectively implement these strategies and improve your trading results! 📈
#CrudeOil #CrudeOilMCX #Commodities #TradingSignals #IntradayTrading #MCX #NumroTrader
Crudeoil crucial support 16.11.2024We can see 3 doji candle after the fall and again on friday it has signal the downwards
if support is broken then it will continue down journey , also we can see that it has took support several time around this level
Note do not trade on this study trade with advice of your financial consultant
Crude fut CMP 5812 Buy for target 5859- 5900- 5945-6000+ SL 57Crude fut CMP 5812
Buy for target 5859- 5900- 5945-6000+
SL 5765
CrudeOil MCX Future Intraday Technical Analysis for 14 November🚀 Unlock the potential with my #CrudeOil Intraday Technical Analysis for 14 November, 2024!
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📍 Range Trigger Point: 5796
📅 Day Range: 154
📈 Long Position
🔹 Buy Above: 5754
📊 Average Position: 5736
🎯 Target 1: 5891
🎯 Target 2: 5950
⛔ Stoploss: 5703
📉 Short Position
🔹 Sell Below: 5718
🎯 Target 1: 5701
🎯 Target 2: 5642
⛔ Stoploss: 5769
✨ With over 6 years of research and backtested strategies, I provide clear intraday and positional trading levels for indices such as Nifty50, Bank Nifty, Fin Nifty, and Mid-Cap Nifty, along with commodities like Crude Oil, Natural Gas, Gold, Silver, Copper, and Zinc in both US and MCX markets.
My analysis is based on the position of buyers and sellers on previous day's technical charts. By studying candlestick patterns, trading volume, indicator confirmations, and other important signals, I can identify the best price ranges, entry points, timing, and appropriate stop-loss levels.
I teach a specific trading approach based on live market confirmations to make the most of these levels. Follow and connect with me to learn how to effectively implement these strategies and improve your trading results! 📈
#CrudeOil #CrudeOilMCX #Commodities #TradingSignals #IntradayTrading #MCX #NumroTrader
I am seeing this in Crudeoil SwingI am seeing this in Crudeoil Swing. Looks like crude oil is taking support now as per daily timeframe.
CRUDE OIL is reversing its trend and turning bullishCRUDE OIL has taken support from its hourly buying order block(5709-5730) and has broken its structure at the level of 5749 and has also changed its character at the level of 5780 i have entered a long trade at the level of 5750 with stop loss of 5705 and i'm targetting the levels of 5900, 6000 and 6100 once it close strongly above 5815 we can see a good rally toward upside
crude oil rejection from Demand Zone.Crude oil is taking rejection from demand Zone. if sustains we can see an upward move till supply zone .
Crude Oil ViewCrude is continuously taking support from the marked zone on the daily time frame. It looks like we can have the targets for upto 7000+ in crude very soon.
(Shared for educational purpose only)
symetrical trianglecrude is getting itself ready for a blast movement. formation of symmetrical triangle is almost completed and its about to give breakout/breakdown. keep a sharp look and as per the chart coming weeks are gonna be exciting
Crudeoil MCX positional IMP level postionalHello Everyone,
MCX Crude trading at 58 40-50 at very crucial support or ema 200 and trendline with breakut retest set up, Buy on dips till 5600 with positional Stop loss 5450 upside possible 6200,6550,6970,7300++ If Breaks of support 5220,5030,4850 possible.
Crude Oil 1 DayThe chart shows a classic Elliott Wave pattern with a five-wave advance followed by the beginning of an A-B-C corrective pattern. This analysis can help predict future price movements.
Crudeoil may turn downside 10.11.24Crude oil as we can see the candle of friday Bears took over the bulls and also if you see last week candle the bulls are unable to sustain the upward trend , also close on friday was below prev days (thursday 8.11.24) close
Note This view is only for study purpose trade with the advice of your consultant
Crudeoil will the rally conitnue ?Study suggest that crude oil will continue its up rally and this can be the start of its bull run Good buying candles on 1st and 4th november seems bullish
Note this video is for study purpose and trade with the advice of your finance consultant
CRUDEOIL SHORT SETUP !!MCX:CRUDEOIL1!
Good to short below 6026. (Wait for 5mint candle to close below 6026)
Targets :-
Level 1, 5960
Level 2, 5920
Level 3, 5837
Achievable targets are mentioned in chart as well
👉🏻 @thetradeforecast 🇮🇳
Crude Oil MCX Future Intraday Technical Analysis for 6 November🚀 Unlock the potential with my #CrudeOil MCX Intraday Technical Analysis for 6th November, 2024!
✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ Read footer note to know how I derive these levels.
📍 RTP (Range Trigger Point): 6054
📅 Day Range: 108
📈 Long Position
🔹 Buy Above: 6078
📊 Average Position: 6065
🎯 Target 1: 6121
🎯 Target 2: 6162
⛔ Stoploss: 6042
📉 Short Position
🔹 Sell Below: 6052
🎯 Target 1: 5987
🎯 Target 2: 5946
⛔ Stoploss: 6088
✨ With over 6 years of research and backtested strategies, I provide clear intraday and positional trading levels for indices such as Nifty50, Bank Nifty, Fin Nifty, and Mid-Cap Nifty, along with commodities like Crude Oil, Natural Gas, Gold, Silver, Copper, and Zinc in both US and MCX markets.
My analysis is based on the position of buyers and sellers on previous day's technical charts. By studying candlestick patterns, trading volume, indicator confirmations, and other such important signals, I can identify the best price ranges, entry points, timing, and appropriate stop-loss levels.
I teach a specific trading approach based on live market confirmations to make the most of these levels. Follow and connect with me to learn how to effectively implement these strategies and improve your trading results! 📈
#CrudeOil #CrudeOilMCX #Commodities #TradingSignals #IntradayTrading #TechnicalAnalysis #MCX #OilTrading #CommodityTrading #StockMarket #Investing #NumroTrader
