sell crude 6030--40 s;l 6077 tgt 5970--5930-- sell crude 6030--40 s;l 6077 tgt 5970--5930-- sell on risee must with tight sl
CL1! trade ideas
Unveiling Insights from MCX Crude Oil Mini May Contract ExpiryAs a derivatives trader and the developer behind MRISKA DTS5, I'm thrilled to share some fascinating insights from the recent expiry of the MCX Crude Oil Mini May futures contract. Let's delve into the observations and what they mean for the world of derivatives trading.
Death Level Signals Potential Breakdown:
During the expiry analysis, MRISKA DTS5 calculated the "Death Level" for June's contract at ₹5742 per barrel. Breaking this level in any upcoming session would indicate a high probability of a breakdown, signaling a continuation of the bearish trend. It's essential to monitor the price action closely for potential trading opportunities.
Safe Level Hints at Potential Breakout:
MRISKA DTS5 also revealed the "Safe Level" for June's contract at ₹5974 per barrel. If the price surpasses this level in any upcoming session, it signifies a high probability of an up-move and breakout. This could potentially mark the end of the existing bearish trend and open doors to substantial demand for Crude Oil.
Market Dynamics: The Closing Price:
On 19th May 2023, the Crude Oil Mini June contract closed at ₹5932 per barrel. This closing price, just below the Safe Level, indicates a delicate balance in the market. Traders should remain vigilant as it may set the tone for the upcoming sessions.
Navigating the Uncertainty:
In this highly volatile market, it's crucial to stay informed and adapt to changing market dynamics. Keeping a close eye on the Death Level and Safe Level can help traders identify potential breakout opportunities and manage risk effectively.
Remember, the world of derivatives trading is ever-evolving, and these observations are valuable tools to navigate the volatility. Stay tuned for more insights and updates as we continue to decode the intricacies of the market.
Disclaimer: The observations provided here are based on historical data and market analysis. It's important to conduct thorough research, consult professionals, and formulate your own trading strategies before making any investment decisions.
CRUDE OIL SWING IDEAS (LONG)Crude oil has formed based and will travel further north in coming days due to the following reasons
1)Base formation or consolidation for quiet few weeks
2)20 EMA & 50 EMA crossover on an hourly chart
3)Lows not broken, swing high is taken out
4)W pattern
Need to patiently hold & wait, might see bigger target
(FOR EDUCATION PURPOSE ONLY)
crudeoil INRcrudeoil is forming symmetrical triangle, it can breakout any direction please observe price action
sell crude rise on 5800--5830 looking dwn 5730--5660sell crude rise on 5800--5830 looking dwn 5730--5660 sell on rise with tight sl --- more update stya tuned with us wia whtsup
sell crude stya blw 5800 tgt 5720 more update blwsell crude stya blw 5800 tgt 5720 more update blw sell on rise with tight technical sl more update stya tuned with us wia whtsup
told sell crude 5910 now 5800 hit chk msgnow eys on 5860 if hold blow eveng time sell on ris emust soon 5720 more hurdel sl stya tuned with us wia whtsup
sell crude 5910 looksdwn fall 5870--5820 or moresell crude 5910 looksdwn fall 5870--5820 or more sell on riseee more update stya tuned with su wia whatsup
Crudeoil reversal zones 11-5-2023Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). Please understand that market can break all the support and resistance anytime. If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk. #crudeoil
crude stya abv 5930 looks bounce till 6000 nearcrude stya abv 5930 looks bounce till 6000 near yes in4th hrs chart looks super trednline breakout yes sl for stya tuned with us wia whtsup
interday---- crude buy on dips sl 5711 tgt 5890++++ interday---- crude buy on dips sl 5711 tgt 5890++++ last crude was made 5545@ enjoyyyy yes looking sharp recovery
sell crude 5660 blw soon epxect 5560sell crude 5660 blw soon epxect 5560 last gvn 5800 low amde 5585 yestrady
WTI #CrudeOilWTI has broken parallel channel and this may be painful. hope it may takes support at line mentioned
sell crude stya blw 5800 looks 5560 more blwsell crude stya blw 5800 looks 5560 more blw yes looking one more bear candel expect let see wht happen
sell crude stya bwl 6400 on rise sell soon 6170+++ expect sell crude stya bwl 6400 on rise sell soon 6170+++ expect yes 4th hrs trend line breakout pattern will come effect or melt let see wht happen
MCX CRUDE IS READY TO GO LONG SWING TRADE WITH 400 POINT TARGET CRUDE OIL is ready to go long once it sustains over the 6450 level. Its going to be swing trade with 80 point stop loss and 400 point target in current contract period. It has taken crucial bounce from trend line and also retesting the support level of 6400 in 15 min time frame
quick trade short crude for 6500 zoneMCX:CRUDEOIL1! short crude till 6500 zone, beyond that 6000 level ready .
CRUDEOIL to hit 7000/7100 levelMCX:CRUDEOIL1! CRUDEOIL target levels , important support will be the blue zone, can blast if breaks and sustains above 6739 level.
Crude SpotCrude Spot as I see it...... An opportunity of a Life Time....... Have the Guts..... Go for It
crude eys on 79$ mcx 6500 stya blw dwn side 6430crude eys on 79$ mcx 6500 stya blw dwn side 6430--- yes chart pattern will active there if hold av 79 or 6500 thna once mkt again dedcat bounce-- dontmiss chart pattern in live hrssss stya connect or may know for chart pattern
