CRUDEOIL UPDATE || MCX || JAN 24Possible target for today's session mentioned in the chart.
Timeframe: 1 HOUR
Reason: API weekly Crudeoil data - decrease, which means Crudeoil might go up
Let me know your thoughts
TCS1! trade ideas
Crude Oil MCX Future Analysis for Today 24 Jan, 2024Crude Oil MCX 17 FEB Future Intraday Analysis for 24 Jan., 2024 for Future and Option Traders.
Day Range: 147 Points 📊
Buy Scenario:
Buy at: 6208.85
Average at: 6191.5
Target 1: 6268.85 🚀
Target 2: 6325 🎯
❌ Buyer Stoploss: 6164.15 ⛔
Sell Scenario:
Sell at: 6174.15
Target 1: 6087.15 🎯
Target 2: 6031 🔽
❌ Seller Stoploss: 6218.85 ⛔
#CrudeOil #OilTrading #CommodityMarkets #FuturesTrading #OptionsTrading #EnergyMarkets #TradingStrategies #TechnicalAnalysis #RiskManagement #MarketAnalysis #DayTrading #TradingSignals #FinancialMarkets #Investing #MarketVolatility #Derivatives #TraderTalk #TradingCommunity #MarketOutlook #PriceAction
Crude Oil MCX Future Analysis for Today 23 Jan., 2024Crude Oil Analysis: Intraday Levels and Targets
Introduction:
In this analysis, we'll focus on the Crude Oil 20 Jan Fut Levels, providing traders with specific entry and exit points for potential intraday opportunities. Please note that trading involves risk, and it's crucial to implement proper risk management strategies.
Buy Setup:
Buy at: 6213.21
Targets: 6368.21, 6432
Add one lot at: 6193.5
Buyer Stoploss: 6163.79
The buy setup suggests an optimistic outlook for Crude Oil, with a defined entry point at 6213.21. Traders may consider scaling in by adding one lot at 6193.5 to maximize potential gains. The specified targets of 6368.21 and 6432 present clear exit points, while the buyer stoploss at 6163.79 acts as a crucial risk management tool.
Sell Setup:
Sell at: 6173.79
Targets: 6161.79, 6098
Seller Stoploss: 6223.21
Conversely, the sell setup offers a bearish perspective, suggesting a sell entry at 6173.79. The targets of 6161.79 and 6098 provide potential exit points, while the seller stoploss at 6223.21 helps manage downside risk.
Risk Management:
Effective risk management is vital in trading. Traders should strictly adhere to the specified stop-loss levels, ensuring that potential losses are kept within acceptable limits. Implementing disciplined risk management practices is essential for long-term success.
Day Range Analysis:
Day Range: 167 Points
The day range of 167 points provides insights into the potential intraday volatility of Crude Oil. Traders should be aware of this range when making trading decisions, considering both the upside and downside possibilities within this specified range.
Conclusion:
In conclusion, the provided Crude Oil levels offer clear buy and sell setups, each with specific entry and exit points. Traders are encouraged to approach these levels with a comprehensive understanding of market conditions, and they should implement disciplined risk management practices.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own research and seek professional advice before making any investment decisions.
Crude Oil MCX Future Weekly Analysis for 22 to 26 Jan., 2024CRUDE OIL - 20 JAN MCX FUTURE WEEKLY ANALYSIS FOR 22 TO 26 FEB., 2024
📊 Technical Levels:
📈 Buy at: 6086.77
🎯 Buy Target 1: 6326.77
🎯 Buy Target 2: 6462
🔍 Add one lot at: 6045
📉 Sell at: 6003.23
🎯 Sell Target 1: 5889.23
🎯 Sell Target 2: 5754
📊 Weekly Range: 354
📈 Analysis:
Crude Oil futures are presenting a compelling opportunity for traders. The initial buying position at 6086.77 opens the door to substantial gains, with targets at 6326.77 and 6462. In case of a retracement, adding one lot at 6045 can enhance profit potential. Conversely, a sell position at 6003.23 has targets at 5889.23 and 5754.
📊 Weekly Range Perspective:
Considering the weekly range of 354, there is significant room for both upward and downward movements, providing traders with ample opportunities to capitalize on market fluctuations.
📈 Trade with Caution:
As always, it's essential to manage risk effectively and stay informed about market dynamics. Use appropriate position sizing and adhere to your risk management strategy.
Note: This analysis is for educational purposes and not financial advice. Trade responsibly.
#CrudeOil #Commodities #TradingAnalysis #FuturesTrading #TechnicalAnalysis #TradingView #FinancialMarkets
Crude oil (CL COMEX) Bullish for long-term, buy on dipsCrude oil (CL) is at a long term support. The support ranges from 71 to 67.5. Weekly chart stochastic and VI are both oversold.
Perfect buy on dip.
Crude Oil - MCX
Please read the notes on the chart and act accordingly.
Please read the notes on the chart and act accordingly.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Crude oilAll detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL Day candle close only, Target Trigger Price
Available at supportHi.
Kindly read my note in chart.
Thank You.
Crudeoil is Neutral trading at current level, If it will get some crazy volatility then trend may shift to positive or negative.
Moreover we should not ignore any side breakout or breakdown.
Here is less chance to fake out or shake out.
All of mine details are subject to market risk, kindly take some advise on it from your analysists.
US Oil - Live Market
$ 73.63 is the crucial point for US Oil. So, long it is not broken, not to worry at all. Expect a level of 99.8 in the coming weeks.
Will keep you posted on daily levels.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
#CrudeOil Update || MCX || 18 JanTimeFrame: 1 Hour
Bullish 🔼 above 6122,
Bearish 🔽 below 6037.
Monitoring key levels for potential market moves. #Trading #Commodities"
Let me know if this helps? by liking the idea.
Crude Oil MCX Future Analysis for Today 19 Jan'24 📊 CRUDE OIL 20 JAN FUT LEVELS
📊 Day Range: 173 Point
📈 Buy at 6106.91
🎯 Target 1: 6258.91
🎯 Target 2: 6325
🔍 Add one lot at 6086.5
❌ Buyer SL: 6056.09
📉 Sell at 6066.09
🎯 Target 1: 6045.09
🎯 Target 2: 5979
❌ Seller SL: 6116.91
Trade with trends to turn green! Resiprocate your love by following and comment!
Crude ready for 6330 , 140 points profit running, On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Crude oilThe crude oil trade presents an enticing opportunity with a 1:3 risk-reward ratio, offering the potential for substantial gains. Investors can capitalize on silver's price movements, taking a calculated risk with the prospect of tripling their initial investment if the trade unfolds favorably. This favorable risk-reward ratio makes the silver market an attractive option for those seeking potential high returns relative to the risks involved.
Crude Oil - MCX
Price level of 6062 is crucial. In terms of US Oil $72.8 is the crucial level. Buy only above this level. For detailed note, please refer to notes on US Oil Chart.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
CRUDEOIL UPDATE || MCX TIMEFRAME 4 HOUR
If crude oil can sustain above the current triangle pattern, there's potential for an upward movement of +270 points.
BIG DAY FOR CRUDE! WATCH OUT FOR POTENTIAL BREAK OUT!
#CrudeOil setup || MCX || 8th - 9th Jan
📊 Time Frame : Daily
📉Strategy : LONG
📆 08.01.2024
The crude oil market has exhibited signs of recovery following a recent dip. Several factors suggest that the prevailing conditions could contribute to a potential spike in crude oil prices in the near future, particularly driven by buyer dynamics and broader market conditions.
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Crudeoil Mcx-multiple bounce from demand zone range 5800-6000 multiple touches on down trendline from correction 7700 can see bounce back towards 7000-7500 levels in next 3-4 month if 6000 holds on weekly and monthly closing above 6000 levels .low risk high return possible .on bases of down trend channel breakout .
Crude MCX
Price Levels for crude have been mentioned on the chart.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Crude PriceCrude is at a crucial juncture. If price breaks out from the trend line we can see a good price movement. Need to wait and watch.
crude oil in ChannelStudy says that crude is travelling in channel since long
once it break it will break it will give spike in either way
It has retraced after high of 9990. Lets see.
Crude Oil - MCX
Price and Time Levels have been marked on the chart. Please adhere to the time schedule strictly.
Candle marked in the green is going to be Pivotal and will decide the future trend for the commodity.
crdue spot or mcx update blw after lvl breakouteyes on wti spot 70$ stya blw looks dwn 69--68.20$ in mcx stya blw 5880 looks dwn fall only till 5810--5740+++++ yes uper hurdel 71.55 or in mcx 5911 abv mkt may be up side turn
[MCX] Crudeoil Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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