📊 CRUDE OIL 20 MAR WEEKLY FUT LEVELS Weekly Range: 399 - Buy at: 6613.58 - Buy Target 1: 6966.58, Target 2: 7119 - Avg. Position: 6566.5 - Buyer SL: 6480.58 - Sell at: 6519.42 - Sell Target 1: 6473.42, Target 2: 6321 - Seller SL: 6652.42
CRUDE OIL RESIST 81.00- 82.00 SUPPURT 80.00-79.00 Watch carefully in this zone
📆Date: 15 Mar 🕓TimeFrame: 4 hour Technically: 🔸Crude oil forms a rising channel after reaching resistance at 6767, beyond a bearish overbought condition. It now trends downward on the 4-hour timeframe. Target 1: 6578 Target 2 : 6500 As per the news: 🔸Energy agencies anticipate Q2 oil supply shortfall due to extended OPEC+ cuts. 🔸IEA optimistic on global...
crude stya abv 81.55$ looks up side 83--84$ in mcx stya abv 6755 or closed abv 2 days looks up side 6900--7000++++++ expecttt buy on dips with support sl on chart
Hey Traders,I'm keeping a close eye on crude oil as it appears to be gearing up for an interesting move. Currently, it seems like crude oil is heading towards the $6800 mark.The key level to watch out for is the Chanmep level. If we see a breakout above this level, it could signal the start of a significant rally.Keep a watchful eye on the charts and let's see how...
Crude oil is very bullish, Buy here @6660 with Sl 6400 tgt 7450 Inverse Head & Shoulder pattern is Breaking Out Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about...
crude stya abv 6555 looks up si 6620--6640 buy on dips with strict support sl -- spot crude abv 79 looks 81++++
near to key level of 6550, looks good for 6750 with sl of 6400
🛢️ Time Frame: 1 Hour 📉 Status: Bullish 📅 Date: 12.03.2024 🔸In the hourly timeframe, crude oil appears to be following a parallel channel, trading within a specific range. 🔸Expect upward movement in prices on Wednesday, possibly influenced by production reduction and inventory data. 🔸Expected Traget 1 - 6554 Target 2 - 6584
Timeframe: 1 Hour Strategy: Short 🔸WTI crude prices dropped to around $77 per barrel on Monday for the third consecutive session. 🔸Investor caution prevailed ahead of crucial US inflation data and monthly reports from OPEC and the IEA. 🔸Last week, WTI prices fell by 2.45% due to uncertainties in demand despite extended supply cuts by OPEC+. 🔸China's oil...
CRUDE OIL 20 MAR FUT LEVELS Weekly Range: 244 Points 💰 Buy at 6577.79 🎯 Buy Target 1 - 6609.79 🎯 Buy Target 2 - 6703 📈 Average Position 6549 🛑 Buyer Stoploss - 6496.46 💲 Sell at 6520.21 🎯 Sell Target 1 - 6308.21 🎯 Sell Target 2 - 6215 🛑 Seller Stoploss - 6601.54
MCX:CRUDEOIL1! buy sell levels for crude , short below support, buy above resistance break. avoid between current buy sell zones till breaks.
Classical double top rejection with Triangle patter. It may lead to Short or long as per the level suggestion. It has also volume profile which suggest more selling pressure.
Price action in ascending channel.. as there is no supporting news for crude oil to break resistance.
🔸Timeframe: 1 hour 🔸Bearish below 6485, bullish above 6515 🔸Anticipating a bounce from 6413 support; sustained bearish momentum may lead to further downside levels. 🔸WTI crude drops to $78.5/barrel for a second day. 🔸Demand concerns outweigh OPEC+ supply cuts' impact. 🔸China's 5% economic growth target and voluntary cuts influence market sentime
crude looking profit booking blw 6590 now once can take--sell crdue 6583@--6600 sl 6628 tgt 6528--6506
🔸Timeframe: 1 hour 🔸Crude most likey to touch the support at 6560 and move towards upward direction. 🔸OPEC+ may continue to cut oil production beyond Q1 to avoid oversupply. 🔸Commerzbank predicts oil prices will stay strong at $80 per barrel if geopolitical risks persist. 🔸Extending cuts until year-end would signal market tightness and positively impact prices.
📊 CRUDE OIL 20 MAR FUT LEVELS Analysis 🎯 Weekly Range: 393 ➡️ Buy: 6543.87, Avg Pos: 6497.5 🎯 Buy T1: 6880.87, Buy T2: 7031 ❌ Buyer SL: 6412.87 💰 Sell: 6451.13 🎯 Sell T1: 6395.13, Sell T2: 6245 ❌ Seller SL: 6582.13 Analysis: The CRUDE OIL 20 MAR FUT shows a weekly range of 393. A buy entry is suggested at 6543.87 with average position at 6497.5. Buy targets are...