Breakout Level 8000 for 8PM I identified as per technical analysis.
Oil can again go back to it's high or even higher with good momentum.
mcx crude hourly chart, bull wedge is about to break out. Target is big, watch break out level.
Note: 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. Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
A clean channel can be seen and we can see 8300 if it breaks above channel. Please note this is my observation only. Always consult with your financial advisor before taking any trade.
Crude Oil ready to move as US market. Upper target 8000 & Lower 7800.
Seems that Crude broken the channel 0.78 % resistance and marching Upward. Can go Long with a Targets of 8000 and 8300 and sl 7754
sell crudeoil place @ 7780 - 7790 keep stoploss 7910 target 7520 cmp-7676
After closing of indian market next big movement possible. It's up to 0.3 & 0.6 level.
Breakover Breakdown August Expiry 27july2022 Analysis Breakover Point 7780 ( Target 8000) Breakdown Point 7580 ( Target 7500)
After getting height in 1st half, now its trying to achieve more height. In down side - good target after break down & retest. Upper side - breakover at 7900 try to reach 8000. then next 8200.
Crude Long (26 July) RSI- 71 Pole and flag Buy at CMP- 7865 or around 7845 SL- 7811 Target- 7923, 7970 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
MCX Crude oil past 1 week Trading on sideways downtrend and today breakout happens upper side expect 7950 / 8090 soon
MCX Crude Oil Futures MCX:CRUDEOIL1! giving signs of exhaustion after recovering from downfall . expecting the fresh sell off trend to begin for potential targets zone . As per the Pattern expect the selling pressure to remain below 7800 levels . Do Comment , share and "LIKE" if you find this info valuable to use . Happy Hunting , Chintamani Disclaimer....
Hello and welcome to this analysis on MCX Crude Oil. The overall structure of sideways consolidation now appears to be set for a rally which could break the falling trend line. Expecting it to bounce back to 8400 as long as it does not break below 7500
Crude oil under Mi-3 wave method expect fall from 7920-30 towards 7670
Crude oil Recover and breakout the previous Trends Expect upside 8300 as per wave analysis the turning point 8125-8105 from there it will ounce back
MCX:CRUDEOIL1! MCX : CRUDE OIL FUTURES (Trade Setup on Hourly Charts) A Buy Setup is emerging for Long Trades with suggested Stop loss levels on chart . Interested members can look into it or analyse the trend as it unfolds . Not a recommendation to buy/sell . Do "LIKE" the analysis if you like to appreciate my work . Attaching many related ideas i posted...