CrudeOil important levels to watch are as follows
#Support: 7501
Sell below: 7500 only on 15 minute candle closure below the level.
Target 1: 7460
Target 2: 7410
#Resistance: 7540
Buy Above: 7540 only on 15 minute candle closure Above the level.
Target 1: 7570
Target 2: 7610-7630
#Remember each level will act as a support and resistance...
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Cup & Handle
📌 Symbol/Asset: CRUDE (MCX)
🔍 Description: Commodity has given channel breakout with Cup & Handle pattern.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting...
Time frame - 15 min
Observation -
1. A pin Bar near support of 7338
2. A big green bullish candle showing strength of uptrend
Overall view Bullish
Target and Sl both shown in analysis. This chart is only for educational purpose. Do your own study before taking any trades
Crude oil market is in a bullish trend. However, the price is approaching a key resistance level, and a break through this level could lead to a significant correction. Traders should be prepared for this possibility and should take profits if the price reaches the supply zone.
YOU WILL GET CHANCE TO GO LONG ON OIL AT 6900 LEVEL AVOID FOMO AT CURRENT LEVEL
hello everyone, price at cmp = 7000 - 7300 has multiple resistance from previous trend
and with current trend price has left some imblanace zone and fair value area
which is likely to be retested soon
within current zone there will be trap on both side as big institute and banks...
yes eyes on 87.20 if crude hold bwl or close blw thna mkt dwn side correction 86.10--85.50--85$ expected as per chart pattern only 87.80 abv nxt rally possible till 89++++ in mcx stya blw 7249 looks dwn fall only or support blw 7170 stya blw expect dwn 7110-7080 now recent high 7315 abv frsh rally will start let see wht happen in nxr 2-3 session
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As per my research and analysis. Crude oil turns to bearish once it reaches the level s around 6830 . Its just my View I am not advising anyone to buy/sell on this levels. Its just for educational purpose only. Based on my 13 years of experience in financial market I realised this levels. So trade on your own analysis.
CrudeOil important levels to watch are as follows
#Support: 7190
Sell below: 7190 only on 15 minute candle closure below the level.
Target 1: 7100
Target 2: 6970
#Resistance: 7300
Buy Above: 7300 only on 15 minute candle closure Above the level.
Target 1: 7370
Target 2: 7480
#Demand Zone: 7060-7090 may act as a immediate buying zone, and price may bounce...
told sell 72800 silver low made 72200 or gvn 75000 or 76700 also chk here or crude also gvn 7030 abv buy or 7220 also high 7285 recnt yestrday high 7300 hope u enjoyed or not... nxt move ready dont stuck in sell side -- crude silver spot also rockk
CrudeOil important levels to watch are as follows
#Support: 7050-7055
Sell below: 7050 only on 15 minute candle closure below the level.
Target 1: 7000
Target 2: 6950
#Resistance: 7080
Buy Above: 7080 only on 15 minute candle closure Above the level.
Target 1: 7125
Target 2: 7190
#Demand Zone: 6960-6990 may act as a immediate buying zone, and price may...
![CRUDEOIL1!: [MCX] Crude Oil Short Idea](https://s3.tradingview.com/d/DMepjhxO_mid.png "[MCX] Crude Oil Short Idea")
