Crudeoil important levels to watch are as follows
#Support: 6420
Sell below:6420 only on 15 minute candle closure below the level.
Target 1: 6350
Target 2: 6240
#Resistance: 6560
Buy Above: 6560 only on 15 minute candle closure Above the level.
Target 1: 6630
Target 2: 6760
#Demand Zone: 6450-6420 act as a immediate buying zone, and price may bounce from...
Crude oil is forming a slightly inclined head and shoulder pattern but it is still a clear pattern. The target is quite low as measured from the pattern. There is a small support before the target and that is the place where we can get some halt which is around 6334. But apart from that the target aligns nicely with a support level from where we can expect a good...
price got rejected from dotted ascending trend line
previously we have decide to go long on crude as there was good setup as per smc
but price didnt came to our buying limits
and a sudden gap down creates a panic and price got sold out
now price has breached first higher time frame demand
and halting at non mitigated level which is another higher time frame...
This is a demonstration of making executions on the MCX on CrudeOil Mini Futures that are INR denominated derivative contracts of the WTI Futures contracts that are traded on the NYMEX.
Any trader in India who wants to trade the ICT concepts on international markets without setting up a foreign brokerage account can try to do so using the Commodities futures...
As per research and analysis crude oil will become bearish once it reaches the level 7084 major sell trend will continue once it reaches the level . I am not advising anyone to buy / sell at these levels so just take it as a view
Crudeoil important levels to watch are as follows
#Support: 6600
Sell below: 6600 only on 15 minute candle closure below the level.
Target 1: 6550
Target 2: 6490
#Resistance: 6675
Buy Above: 6675 only on 15 minute candle closure Above the level.
Target 1: 6730
Target 2: 6790-6810
#Demand Zone: 6600-6630may act as a immediate buying zone, and price may...
If doesn't cross above 7000 level and closes with strong volume in remaining august series ,then might see fall up to 6000 levels in coming weeks .forming a ascending triangle .might possible go for a third touch correction towards rising trend line .
take chance--- sell crude sell on riseeeeeee sl 6679 tgt 6480--6400+++ yes on daily chart looking falling window pattern may be fall dwn badly keep sl or sell
we have seen good volatility in crude in last two week
as price was trending both sides
again there is CHOC in the 1h chart as price made the correction and came back towards the higher time frame demand
i am expecting a pullback or a retest towards the reversal of medium time frame
which is 6600
with sl 6500 below the higher time frame demand zone
( or you...
