Crude Oil at Supply Zone Crude Oil taking rejection from supply zone,if sustains we can see a downward moment till demand zone
Contract highlights
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Crudeoil will the rally conitnue ?Study suggest that crude oil will continue its up rally and this can be the start of its bull run Good buying candles on 1st and 4th november seems bullish
Note this video is for study purpose and trade with the advice of your finance consultant
CRUDEOIL SHORT SETUP !!MCX:CRUDEOIL1!
Good to short below 6026. (Wait for 5mint candle to close below 6026)
Targets :-
Level 1, 5960
Level 2, 5920
Level 3, 5837
Achievable targets are mentioned in chart as well
๐๐ป @thetradeforecast ๐ฎ๐ณ
Crude Oil MCX Future Intraday Technical Analysis for 6 November๐ Unlock the potential with my #CrudeOil MCX Intraday Technical Analysis for 6th November, 2024!
โจ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! ๐โค๏ธ Read footer note to know how I derive these levels.
๐ RTP (Range Trigge
ADXThe ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potenti
Crude Oil done zone to zoneCrude Oil took rejection from supply zone. Sustain downward moment reach demand zone
Crude as said earlier after Israel attack crude will fall Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell T
can we see a bull run in crudeoil toward 6400 ???as wee can see the charts previously do support at boxx pattern and three time it tried to break it and it did break but at the same time it do follw the trend line -came from 6489 to 5383 (drawed in chart) no if we see the fibonacci suprt zone (marked as pink box) -there is possible chances of bull
Crude Price level for this WeekCrude Price is in range from 15th Oct. It is pure consolidation . It has two type of probabilities . It cross 6100 level with strong candle , it may goes up to 6250/6400 . If it break 5750 then , It may goes lower 5570. But according to my understanding it has high chances to go up.
CrudeOil MCX Future Intraday Technical Analysis for 28th October๐ Unlock the potential with my #CrudeOil MCX Future Intraday Technical Analysis for 28th October, 2024!
๐ Range Trigger Point: 6040
๐
Day Range: 163
๐ Long Position
๐น Buy Above: 6000
๐ Average Position: 5981
๐ฏ Target 1: 6141
๐ฏ Target 2: 6203
โ Stoploss: 5945
๐ Short Position
๐น Sell Below: 5961
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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
๏ปฟThe current price of E-mini Crude Oil Futures (Feb 2029) is 64.450ย USD โ it has risen 0.20% in the past 24 hours. Watch E-mini Crude Oil Futures (Feb 2029) price in more detail on the chart.
Track more important stats on the E-mini Crude Oil Futures (Feb 2029) chart.
The nearest expiration date for E-mini Crude Oil Futures (Feb 2029) is Jan 19, 2029.
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 (Feb 2029) before Jan 19, 2029.
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 (Feb 2029). 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 (Feb 2029) technicals for a more comprehensive analysis.