crudeoilcrudeoil 15 mins time frame good rejection at todays high. took 1:4 ratio. good profit booking at time.
HIA1! trade ideas
Crudeoil longVery nice consolidation pattern triangle formed in crude oil 🛢️ 5800 to 5700 level is looking good support zone try to buy near lower trendline next expiry...
sell crude stya bwl 5885 tgt 5810-5740sell crude stya bwl 5885 tgt 5810-5740 yes sell on rise stya bwl 71$ looks sahrp correction sl will be 5955
crude crucial udate blw mcx or nymexCrude views--- already in low mkt rise up side or hold blw 5860 than it melt dwn 5777-5730 expect ---- if mkt up than will more update ys blw 70.50 bear hand in crude looks 69.80--69$ soon
Bearish Harmonic In Crude OilSell PRZ - 5924/5935
Add More Sell If Price Rise To 5977/5990
SL - 6021
Target - 5800/5760
Past and Present
as my old teacher used to say :
"We come from the past to search for the future.. but we stuck in the present looking on what lie ahead"
So this indicator based on non security MTF (HTF) set to daily
there are two type of bands
first is the present ones (color gray and red)
next is past one (based on 100 candle)
as we can that the price of the past bands and present band try to get equilibrium
once the bands depart from each other -present cross up the past then it will be bullish signal and vice versa when price depart from present band it will tend to fall to the level of our past band
since it based on EMA 100 and organised to detect resistance and support
then it easy to see when price collapse or price rise
so this is theory behind this indicator
you can try different length or different TF for better results
same 4 hour chart with week MTF
Crude Oil 10% up in 5 daysCrude Oil is going to be be on Fire making 5800 to 6500+ in short duration
crude oil triangle breakout analysis blweys on 5700 if stya blw than expect 5610--5420++++ yes sell on rise with tight sl which based on technical lvl more update stya tuned with us wia whtsup
Bullish Butterfly In Crude OilBullish Butterfly In Making In Crude Oil
Read Carefully. This Is A Complex & 2 Way Trade.
The Most Important Number is 5540, If 5540 Breaks Then Crude May Fall To 4868.
As Per The Harmonics Buy Will Come Only At 4868 Level.
Buying PRZ - 4868/4900
SL - 4645
Target - 5370/5530
crude making head shoulder on lower tfsell on rise till 5970 5990 sl 6010
crude making head shoulder on lower tf
Crude Oil long at 6000Crude reaching at crucial support and demand zone where it rallied to higher levels, watch for 6000 area for positive price action to go long.
Crude ready for major movement formation of symmetrical triangle in crude can be seen in the chart above.
targets for long and short are marked in the chart above.
take entry upon 5 minute candle closure.
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
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
