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CrudeOil important levels to watch !

CrudeOil important levels to watch are as follows

#Support: 7460

Sell below: 7460 only on 15 minute candle closure below the level.
Target 1: 7400
Target 2: 7315

#Resistance: 7560

Buy Above: 7560 only on 15 minute candle closure Above the level.
Target 1: 7645
Target 2: 7740

#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.

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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.

Nota

Nota

a head & shoulders pattern can be seen on crudeoil 5 min timeframe, a short entry can be possible only if the candle closes below the neckline of the pattern.

do not forget to use stoploss as per your risk appetite.

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just the way it was planned !! Follow us for such live updates everyday.

Nota

after the gap down opening, price moved upwards and facing resistance exactly at the mentioned level.

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Bullish flag and pole formation. Entry only on breakout with proper stoploss as per your risk appetite.

Nota

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