Crude oil bearish engulfingOn weekly chart Crude is forming bearish engulfing pattern and at Bhoomi Maya's red band i.e. where any sell entry is activated.
Target green bands 5761 as T1
Crude Oil Futures
CRUDEOIL1! trade ideas
crude abv 6920 or 83$ update edu. purposecrude spot eys on 83 looks up side 84--85 BMV:IN mcx 6920 styaa bv looks 6980--7040 buy on dips with support sl 6881
Crude Oil - MCXCrude oil Support around 6850, targeting 6955, with attention to a potential bullish reversal signaled by the BUTTERFLY pattern.
Crudeoil(1/4/24)Crude oil is likely to reverse from this level in a harmonic Pattern..only for educational purposes.
Crude Oil Analysis - Triangle Breakout 📊 Technical Analysis:
- Triangle breakout with minor consolidation
- MA supporting the bullish trend
📈 Trade Setup:
- Long position initiated at breakout
- Trade with Stop-loss
🚨 Disclaimer:
This is not financial advice. Trade at your own risk. Past performance is not indicative of future results. Consult with a financial advisor.
⛽ Crude Oil MCX April Future Weekly Chart Level 1-5 April, 24 🛢️ CRUDE OIL 20 APR WEEKLY FUT LEVELS by Trading Marcos
🎯 Weekly Range: 200
📉 Buy at: 6846.6 | Average at: 6823.0
🎯 Buy Target 1: 7032.6 | 🎯 Target 2: 7109.0
🛑 Buyer Stop-loss: 6779.93
📉 Sell at: 6799.4
🎯 Sell Target 1: 6785.4 | 🎯 Target 2: 6709.0
🛑 Seller Stop loss: 6866.07
#Crude #CrudeOil #CrudeOption #CrudeFuture #MCX #MCXLevels #OilFuture
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Crudeoil | MCX | update Mar 27Crude Oil: Technical & Fundamental Headwinds
📆 Update - Mar 27
🕓 Timeframe: 1 hour
📈Technical Breakdown: A rising wedge pattern on the 1-hour chart has broken, potentially signaling a downtrend. (Your previous analysis is acknowledged!)
Target to be: 6690/ 6660
💲Price Drop: WTI crude futures fell to $81/barrel on Wednesday.
Inventory Surge: US crude inventories unexpectedly surged by 9.337 million barrels, the highest in a year.
Supply Concerns Waning? This inventory build could indicate easing supply concerns.
🆘Geopolitical Uncertainty: However, Ukrainian attacks on Russian refineries and Middle Eastern tensions create market unease.
Today's Crude Oil levels as per my analysis -Education Purpose As per my analysis today's Crude Oil levels, please consider this ONLY for Education Purposes.
Thank you.
CRUDEOILCrude presents a favorable risk-reward opportunity. Look for support around 6804, with targets set at 6903 and 6926 for potential gains.
📈 CRUDE OIL 20 APR WEEKLY FUT LEVELS📈 CRUDE OIL 20 APR WEEKLY FUT LEVELS
Weekly Range: 230
⬆️ Buy at 6810.14, Avg. Pos. 6783
🎯 Buy Target 1: 6888.14 | Target 2: 6976
🛑 Buyer Stoploss: 6733.47
⬇️ Sell at 6755.86, Seller Stoploss: 6832.53
🎯 Sell Target 1: 6603.86 | Target 2: 6516
#CrudeOil Update || MCX || 21st
🌐Timeframe 1 Hour
📅 Date: March 21
📉 Technical Analysis: Crude oil found support at 6724 and rebounded towards resistance levels, indicating resilience despite recent fluctuations.
📊 As per the news, oil prices remained stable despite previous declines, supported by unexpected drops in US oil stocks and concerns over Russian refinery attacks.
Oil head and shoulder pattern. Oil is in perfect range. It has reached resistance level of 83$.
Target in long term can be 72$ again.
crude mcx or spot update this week edu.purcrude spot stya abv 81.55 looks oom 82.40--83+++ in mcx 6768 stya abv looks zoom 6900++++++ yes eys on lvl or let see wht happen with chart -- if buy thna take support sl 80.80$ in mc x6666
Crude Oil MCX Future Weekly Analysis 18-22 Mar, 24📊 CRUDE OIL 20 MAR WEEKLY FUT LEVELS
Weekly Range: 399
- Buy at: 6613.58
- Buy Target 1: 6966.58, Target 2: 7119
- Avg. Position: 6566.5
- Buyer SL: 6480.58
- Sell at: 6519.42
- Sell Target 1: 6473.42, Target 2: 6321
- Seller SL: 6652.42
#Crudeoil update || 15 Mar
📆Date: 15 Mar
🕓TimeFrame: 4 hour
Technically:
🔸Crude oil forms a rising channel after reaching resistance at 6767, beyond a bearish overbought condition. It now trends downward on the 4-hour timeframe.
Target 1: 6578
Target 2 : 6500
As per the news:
🔸Energy agencies anticipate Q2 oil supply shortfall due to extended OPEC+ cuts.
🔸IEA optimistic on global demand, EIA raises US production forecasts.
🔸Permian Basin shale crucial; US output expected to hit record levels, per Commerzbank.
crude spot or mcx updatecrude stya abv 81.55$ looks up side 83--84$ in mcx stya abv 6755 or closed abv 2 days looks up side 6900--7000++++++ expecttt buy on dips with support sl on chart
Crude Oil Analysis: Potential Rally Ahead Towards 6800Hey Traders,I'm keeping a close eye on crude oil as it appears to be gearing up for an interesting move. Currently, it seems like crude oil is heading towards the $6800 mark.The key level to watch out for is the Chanmep level. If we see a breakout above this level, it could signal the start of a significant rally.Keep a watchful eye on the charts and let's see how this plays out!Disclaimer: This is just my personal analysis and not financial advice. Always do your own research before making any trading decisions
Crude Oil : Buy here Inverse Head & Shoulder pattern is BreakingCrude oil is very bullish, Buy here @6660 with Sl 6400 tgt 7450
Inverse Head & Shoulder pattern is Breaking Out
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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crude spot or mcx updatecrude stya abv 6555 looks up si 6620--6640 buy on dips with strict support sl -- spot crude abv 79 looks 81++++
#Crudeoil Update | MCX | Mar 12
🛢️ Time Frame: 1 Hour
📉 Status: Bullish
📅 Date: 12.03.2024
🔸In the hourly timeframe, crude oil appears to be following a parallel channel, trading within a specific range.
🔸Expect upward movement in prices on Wednesday, possibly influenced by production reduction and inventory data.
🔸Expected
Traget 1 - 6554
Target 2 - 6584
