Crude Oil FuturesPanjang
CRUDE OIL MCX - OCTOBER 2nd Week Plan
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Time frame for study - 4 hr
Conclusion -
-- Continuous two Uptrend seen in crude till 7990 level
-- A correction wave of A,B,C seen till 6970 to 7010 levels for B wave
-- For C wave if any support taken near 6970 - 7010 then immediate target can be 7367 with some ups and down
This chart is only for educational purpose. Do your own study before taking any trades.
Conclusion -
-- Continuous two Uptrend seen in crude till 7990 level
-- A correction wave of A,B,C seen till 6970 to 7010 levels for B wave
-- For C wave if any support taken near 6970 - 7010 then immediate target can be 7367 with some ups and down
This chart is only for educational purpose. Do your own study before taking any trades.
Nota
Double top in past supported as a resistance level Daily Chart
Nota
May dip till 6750-6800 Levels Waiting for a reversal confirmation for directional trade
No trading recommendation
Nota
Expected MoveNota
War effect Crude jumped 4% up - 7166Nota
Most Likely to go up from this consolidation levelNota
Nota
3 days side ways Now tunnel expansion on 5 min time frame
Also, Took strong support near 7100
Nota
Hammer shown in green arrow and had a smooth moveNota
Target OpenNota
Dagangan aktif
Dagangan ditutup: sasaran tercapai
Had a high volatilityMade high 7372 on 16th Oct 2023
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.