CRUDEOIL1! / USOIL - Correction is not complete yet?
TF: 240 Minutes
CMP: 5580
I have plotted the internal wave counts of this larger corrective pattern (WXY) and also drew Pitchfork Support and Resistance levels for better understanding.
In summary, looks like the correction is not yet complete and we are in the final leg of the correction (Y leg)
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Crude mostly in range buy near support sell near resistance Crudecoil range bound move giving
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is
range if break them profit booking start on uptrend or downtrend b
CRUDE OILHello & welcome to this analysis
USOIL in daily time frame has activated a bullish Harmonic Gartley suggesting probable upside till $62 - 64.50 - 69 as long as it does not breach $59.25
Crude (MCX) is forming a bullish candlestick - Hammer also suggesting likelihood of a rally till 5575 - 5750 - 6
ITC 1 Day View📉 Key Support Levels (1H Timeframe)
₹5,436.67 – Immediate support level.
₹5,357.00 – Next support zone.
📈 Key Resistance Levels (1H Timeframe)
₹5,629.00 – Immediate resistance level.
₹5,708.67 – Next resistance zone.
🔍 Technical Indicators (1H Chart)
RSI (14): 47.83 – Neutral, indicating no o
Crude sell recommended near 5780 now Book profit at 5470-5460 Crude sell on eise recommended near 5780 now book profit at 5470-5460 and wait for some consolidation they buy also if inventory data positive
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early
Crude sell Trade given at 5780 5630-5560 next target Crude sell given at 5780 holding sell trade, downside target 5630,5560
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 12.3% -D 16.1 % is
range if break them profit bo
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Displays a symbol's price movements over previous years to identify recurring trends.