CRUDE short trade setupon hourly chart crude is making lower highs
price opened gap down and made a pullback
candles on 15m looks weaker on green side and strong on red side
indicating selling pressure
next support or target will be 7300-7200
CLS1! trade ideas
crude mcx eyes on 7240 if stya bwl correction aheadyes sustain blw 7240 looking sharp side dwn 7180--7110+++ crude spot blw 87$ sustain expect dwn 86.20--85.50$ let see first lvl today open jmrc meeting also
CRUDE OIL - 03rd Oct 2023Last 5th Elliot Impulse Wave Left
7283 Support, If breaks which is last resistance from which uptrend started, then more dip till 7200,7100 can see
This chart is only for educational purposes
INTRADAY CRUDEOIL SETUP - 3 October BUY Above 7400 - target 7500 and 7600
Don't carry forward trade for tomorrow
Crude Oil - 28th Sep 20237753 Resistance in crude oil
Correction wave ABC
Last wave C left
This chart is only for educational purpose
crude spot eys on 93.55$ looks abv 94.10--94.50$crude spot eys on 93.55$ looks abv 94.10--94.50$ buy on dipsss sl 93$ in mcx already gvn buy or stya abv 7755 looks zoom again yes seller be alert!!
crude mcx 7635 abv buy tgt looks 7700--7740 expectcrude mcx 7635 abv buy tgt looks 7700--7740 expect keep tight sl 90.55$ as per chart looking short recovery
CRUDEOIL - INTRADAY UPDATE - 28 SEP - Crude oil is losing momentum in the 1 hour chart due to persistently high interest rates.
- Waiting for momentum to return near 6 p.m. today.
- The chart shows possible targets for crude oil in the near future.
Analysis
The 1 hour chart of crude oil shows that the commodity has been losing momentum in recent hours. This is likely due to a number of factors, including persistently high-interest rates. High-interest rates make borrowing money more expensive, which can lead to a decrease in demand for crude oil.
CrudeOil Important Levels to watch !CrudeOil important levels to watch are as follows
#Support: 7460
Sell below: 7460 only on 15 minute candle closure below the level.
Target 1: 7420
Target 2: 7360
#Resistance: 7570
Buy Above: 7522 for scalping and buy above 7570 for directional trade only on 15 minute candle closure Above the level.
Target 1: 7650
Target 2: 7760
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
crdue spot or mcx megaupdate at higher pricealready told here 91.55 it will be zoom see now wht happened now eyes on 95.55$ if sustain abv or close thna expect 97--99++++ over all if 91.55 abv stable bull zone active be care full seller????-- in mcx 7580-7643 crucial support for crude if hold abv thna bu on dips with sl nxt heading towards 7950--8200+++ exepct. yes double top 7820 now looks some correction till 7730--7750 but over all hold abv gvn lvl it may be upp again--------- seller be alert abv 7580 no sell dont stuck wrong side tell here where to stuck???
CRUDE OIL - OCTOBER 1st Week PlanCrude Oil
Double bottom pattern on 4 hr time frame
T1-7625
T2-7675
T3-7796
SL - 7463
Trail Sl 1- 7500
Trail SL 2 - 7559
Trail SL 3- 7625
All study for educational purpose only
US OIL Showing Bullishness
As per my previous idea 91.19 was the level to short. Buying levels if 91.19 is crossed convincingly are mentioned on the chart 91.72 and 93.3 are major hurdles.
Is Crude heading towards All time High....?Is Crude taking a small support and targeting towards all time high.... only time has to say!!!!
Crude Oil - 25th Sep 2023Crude oil
Study -
Pattern - Falling wedge
Candle stick - Two hammers on 15 min time frame confirmation upside move
tgt 7500,7538
SL- 7460
This chart is Only for educational purpose
crude spot or mcx crucial update blwas per chart analysiscrude spot eyes on 91.50 if stya abv thna mkt nxt up side 92.30-93$ wjere if hold blw 90$ will see dwn sid emove 89--87$ expect as per chart-- in mcx 7560 if clsoe abv thna think nxt rally otherwise mkt soon 7450-7400 or blw 7370 thna after bear mode active more lvl stya here with lvl
SYMMETRICAL PATTERN SPOTTED IN #CRUDEOIL -- WHAT TO DO?
The symmetrical pattern means a neutral chart pattern with two converging trend lines. More likely to break out in the direction of the prevailing trend.
SELL BELOW - 7470
BUY ABOVE - 7580
CRUDE OIL CUP AND HANDLEIf price crosses above 7500, targets can be 7550, 7650 and 7750 depending on the holding period.
CrudeOil important levels to watch !
CrudeOil important levels to watch are as follows
#Support: 7460
Sell below: 7460 only on 15 minute candle closure below the level.
Target 1: 7400
Target 2: 7315
#Resistance: 7560
Buy Above: 7560 only on 15 minute candle closure Above the level.
Target 1: 7645
Target 2: 7740
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
crude oil - MCX - 22nd September 2023Crude Oil
Elliot wave correction wave ABC - completed after a fresh uptrend
Reversal from 7353 support levels seen
Target - 7699
Stoploss- 7430
This chart is only for educational purpose, do your own study before doing any trades
crude mcx or spot interday updatecrude sustaina v already 90.55 thna expect 91.50--92.10 in mcx 7555--60 if stya abv or close abv thna nxt tgt 7700++++ let see lvl firstt
CRUDEOIL - NEXT WEEK - EXPECTATIONS
Russia's diesel export ban sends European prices soaring, amid geopolitical tensions, which could also lead spike in crude oil prices.
CRUDEOIL - SHort trade plan?Look closely at the chart. Each time crude oil tries to gain upside momentum, it falls back to the same support level.
#CRUDEOIL UPDATE || 21 SEP
Fed rate hike signals pushed oil prices lower, with Brent crude closing at $92.40 and WTI at $88.57, marking a second day of losses.
Analysts expect consolidation to continue, with short-term tightness supported by supply constraints.
SUMMARIZE: We are expecting crude oil to fall between - 1.5 - 2.7% within this week
