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.
注释
Double top in past supported as a resistance level Daily Chart
注释
May dip till 6750-6800 Levels Waiting for a reversal confirmation for directional trade
No trading recommendation
注释
Expected Move注释
War effect Crude jumped 4% up - 7166注释
Most Likely to go up from this consolidation level注释
注释
3 days side ways Now tunnel expansion on 5 min time frame
Also, Took strong support near 7100
注释
Hammer shown in green arrow and had a smooth move注释
Target Open注释
交易开始
交易结束：到达目标
Had a high volatilityMade high 7372 on 16th Oct 2023
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