This is done using the multi-timeframe, multi-period technique we were discussing last Friday’s call.
Chart:
Analysis:
Levels:
Support: 7000, 6900, 6750
Resistance: 7080, 7150, 7220
OI Data:
Highest OI Call in Crude per OI data: 7500
Highest OI Put in Crude per IO data: 6500
Nearest Major Resistance in Crude per OI data: 7200
Nearest Major Support in Crude per IO data: 7000/6900
Trade setup:
1. Today MCX is open in the evening slot (5:00 PM to 11:30 PM)
2. Upto Daily timeframe Crude is sideways. The William Alligator is sleeping, so you should also sleep. Trading range: 6900-7200 for today.
3. So ideally you can do scalping. Any directional trade to be taken only above 6900-7200 breakdown/breakout.
Chart:
Analysis:
Levels:
Support: 7000, 6900, 6750
Resistance: 7080, 7150, 7220
OI Data:
Highest OI Call in Crude per OI data: 7500
Highest OI Put in Crude per IO data: 6500
Nearest Major Resistance in Crude per OI data: 7200
Nearest Major Support in Crude per IO data: 7000/6900
Trade setup:
1. Today MCX is open in the evening slot (5:00 PM to 11:30 PM)
2. Upto Daily timeframe Crude is sideways. The William Alligator is sleeping, so you should also sleep. Trading range: 6900-7200 for today.
3. So ideally you can do scalping. Any directional trade to be taken only above 6900-7200 breakdown/breakout.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.