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.
Nota
Double top in past supported as a resistance level Daily Chart
Nota
May dip till 6750-6800 Levels Waiting for a reversal confirmation for directional trade
No trading recommendation
Nota
Expected MoveNota
War effect Crude jumped 4% up - 7166Nota
Most Likely to go up from this consolidation levelNota
Nota
3 days side ways Now tunnel expansion on 5 min time frame
Also, Took strong support near 7100
Nota
Hammer shown in green arrow and had a smooth moveNota
Target OpenNota
Trade ativo
Trade fechado: objetivo atingido
Had a high volatilityMade high 7372 on 16th Oct 2023
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.