CRUDE OIL - LONG ENTRYCrude Oil Bullish View Above 5840
CMP 5826.
Weak Below 5700.
Ready For upside 6000-6200+
For Educational Purpose Only.
Contract highlights
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Crude Oil MCX Future Intraday Technical Analysis for 25 Novπ Unlock the potential with my #CrudeOil Intraday Technical Analysis for 25 November 2024!
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π Range Trigger Point (RTP): 6,028
π
Day Range: 167
π Long Position
πΉ Buy Ab
Crudeoil Target 1 doneCrude oil Long Entry
Entry above 5840
Now Trading @ 6020+
Target - 1 done π₯π₯
Crude Oil Futures: Key Levels and Scalp Trade StrategiesThe daily chart of Light Crude Oil Futures (NYMEX) indicates a long-term bearish trend, with key levels offering opportunities for short-term scalp trades.
Key Observations:
Downtrend Resistance: The yellow trendline starting from 2022 highs continues to cap upward movements.
Support Zone: $6
CRUDEOIL SHORT ENTRYCRUDE OIL weak below 5880.
Trend line Breakdown.
Ready For 5700-5600.
Weak Above 6050.
For Educational Purpose only.
Crude Oil Intraday Technical Analysis for 18 Novemberπ Unlock the potential with my #CrudeOil Intraday Technical Analysis for 18 November, 2024!
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π Range Trigger Point: 5669
π
Day Range: 143
π Long Position
πΉ Buy Above: 5
Crude Oil MCX Future Intraday Technical Analysis for 22 Novπ Unlock the potential with my #CrudeOil Intraday Technical Analysis for 22 November 2024!
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π Range Trigger Point (RTP): 5,905
π
Day Range: 132
π Long Position
πΉ Buy Ab
Crude Oil ViewCrude is continuously taking support from the marked zone on the daily time frame. It looks like we can have the targets for upto 7000+ in crude very soon.
(Shared for educational purpose only)
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
ο»ΏThe current price of E-mini Crude Oil Futures (Sep 2027) is 64.300Β USD β it has fallen β1.73% in the past 24 hours. Watch E-mini Crude Oil Futures (Sep 2027) price in more detail on the chart.
Track more important stats on the E-mini Crude Oil Futures (Sep 2027) chart.
The nearest expiration date for E-mini Crude Oil Futures (Sep 2027) is Aug 19, 2027.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell E-mini Crude Oil Futures (Sep 2027) before Aug 19, 2027.
Open interest is the number of contracts held by traders in active positions β they're not closed or expired. For E-mini Crude Oil Futures (Sep 2027) this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for E-mini Crude Oil Futures (Sep 2027) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for E-mini Crude Oil Futures (Sep 2027). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of E-mini Crude Oil Futures (Sep 2027) technicals for a more comprehensive analysis.