CRUDE OIL MCX - OCTOBER 2nd Week Plan

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.

Not

Double top in past supported as a resistance level

Daily Chart

Not

May dip till 6750-6800 Levels

Waiting for a reversal confirmation for directional trade

No trading recommendation

Not

Expected Move

Not

War effect Crude jumped 4% up - 7166

Not

Most Likely to go up from this consolidation level

Not

3 days side ways

Now tunnel expansion on 5 min time frame

Also, Took strong support near 7100

Not

Hammer shown in green arrow and had a smooth move

Not

Target Open

Not

İşlem aktif

İşlem kapandı: hedefe ulaştı

Had a high volatility

Made high 7372 on 16th Oct 2023

be_you_akshay

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

be_you_akshay

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