🔴 Resistance - 6957🔴 🚀 Target - 6993 - 7033 🚀 🟢 Support - 6946 🟢 🚀 Target - 6908 - 6874 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Crude oil analysis 17 Apr 24 short currently crude oil is trading around 7041 all the levels are given in chart i guess i made it clear over there R/R - 1:2 exacting crude oil to fall by 2-4.5% Major resistance area is 7318 minor resistance area is around 7194 Major support area is around 6672 minor support area is around 6853 This analysis is for educational...
📊 Crude Oil MCX 20 May Future Technical Chart Weekly Analysis 🎯 Range Point: 6981 🎯 Weekly Range: 374 📉 Buy Above: 7049 📉 Average At: 7005 🎯 Buy Targets 1: 7212 🎯 Buy Targets 2: 7355 🛑 Buyer Stoploss: 6924 📉 Sale Below: 6961 🎯 Sale Targets 1: 6750 🎯 Sale Targets 2: 6607 🛑 Seller Stoploss: 7086 Please follow/boost or respond what do you think of this trade....
🔴 Resistance - 7081🔴 🚀 Target - 7138 - 7226 🚀 🟢 Support - 7028 🟢 🚀 Target - 6933 - 6838 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Introduction: The global crude oil market experienced significant turbulence as prices surged by more than 3%, surpassing the $85 per barrel mark. This escalation followed reports of large explosions in Iran, Iraq, and Syria, presumed to be the result of Israeli attacks. Concurrently, various geopolitical factors, coupled with economic uncertainties, contributed...
HH-HL Strong green candle RSI ABOVE 50 BUY = 6970 TARGET = 7025-7050
whole week spent in consolidation, now if it trade below 85 support, then a 2% drop could be there...
Timeframe: 4-hour ⏰ 🔍 Observing an intriguing D cup pattern emerging in crude oil. The alluring support beckons at 6726. Exciting times ahead! 💃🕺 Selling point at 6860 Target would be 6700 - 6680 (+150 -- +170 points)
Update :- 🔸Support at 6811, with a potential move towards the 7000 level for settlement. Long only above 6950-6960. 🔸Crude oil prices declined over 3% due to robust US oil supply & growing demand concerns. 🔸US crude inventories increased by 2.735 million barrels.
🔸Technical Analysis: Current Situation: Crude oil is approaching the critical support level at 7100. 🔸Scenarios: If the support at 7100 is breached, further downward movement is anticipated, with potential for lower levels. However, there's a possibility that crude oil could find support at this level and reverse its direction, moving upwards. 🔸Market...
Here are the key levels to watch: Bullish above 7190: If crude oil prices rise above the 7190 level, it indicates bullish momentum in the market. Bearish below 7100: Conversely, if prices fall below 7100, it suggests bearish sentiment taking hold. Traders and investors are closely monitoring these levels to gauge market direction and make informed trading decisions.
Technical Analysis: Price failed twice to breach 7322, forming a double-top pattern. Key neckline at 7057 suggests potential downtrend to 7000, unless breaking above 7330. Support at 7100 (Bearish) Resistance at 7170 (Bullish above) Market Insights: 🔸 Potential dip in oil prices below $90/barrel post Iran's attack on Israel, considering pre-existing rally and...
Crude Oil MCX 20 Apr Future Technical Chart Weekly Analysis! 📊 Range Point: 7187 📈 Weekly Range: 265 🎯 Buy Above: 7221 🎯 Average At: 7190 🎯 Buy Target 1: 7351 🎯 Buy Target 2: 7452 🛑 Buyer Stoploss: 7132 📉 Sale Below: 7158 🎯 Sale Target 1: 7023 🎯 Sale Target 2: 6922 🛑 Seller Stoploss: 7247 Don't forget to reciprocate your love by boosting, following and...
Intraday Support level at 7180 and resistance level at 7296. 1st Support level : 7181 2nd support level : 7082
Intraday Support level at 7180 and resistance level at 7296. 1st Support level : 7181 2nd support level : 7082
Technical analysis suggests that crude oil prices may find support at $84.40 and face resistance at $87.30, with similar levels identified for Crude oil MCX prices. A recommended trading strategy involves selling on any uptick around $86.20, with a target price of $85 and a stop-loss order placed above $87.30. This strategy aims to capitalize on short-term price...
crude oil is consolidating and heading to 7450. If it closes above 7825 for more than 3 days it will head towards 10000. Put Stoploss on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series Disclaimer:- Please always do your own analysis or consult...
Broken out of the trendline. Weekly supertrend signalling a buy as well , EMAs compressing around 63-6400. Iran threatiening to close Strait of Hormuz War escalations all around the world (middle east)! 34% would just be the beginning. Will be adding on dips upto 6760 MCX:CRUDEOIL1! SL weekly close below 6263