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.
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
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Expected MoveNot
War effect Crude jumped 4% up - 7166Not
Most Likely to go up from this consolidation levelNot
Not
3 days side ways Now tunnel expansion on 5 min time frame
Also, Took strong support near 7100
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Hammer shown in green arrow and had a smooth moveNot
Target OpenNot
İşlem aktif
İşlem kapandı: hedefe ulaştı
Had a high volatilityMade high 7372 on 16th Oct 2023
Feragatname
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