Crudeoil important levels to watch are as follows
#Support: 6420
Sell below:6420 only on 15 minute candle closure below the level.
Target 1: 6350
Target 2: 6240
#Resistance: 6560
Buy Above: 6560 only on 15 minute candle closure Above the level.
Target 1: 6630
Target 2: 6760
#Demand Zone: 6450-6420 act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 6680 - 6630 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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#Support: 6420
Sell below:6420 only on 15 minute candle closure below the level.
Target 1: 6350
Target 2: 6240
#Resistance: 6560
Buy Above: 6560 only on 15 minute candle closure Above the level.
Target 1: 6630
Target 2: 6760
#Demand Zone: 6450-6420 act as a immediate buying zone, and price may bounce from the region marked in green on the chart.
#Supply Zone: 6680 - 6630 may act as an immediate selling zone, and price may reject from the region marked in red on the chart.
#Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital.
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Note
keep an eye. Flag pattern breakout can be expected. entry only on confirmation with strict trailing SL.
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candle needs to be closed above 6530 for confirmation.Note
Note
be focused.
Note
After the break of resistance target 1 achieved successfully.
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Note
Note
again rejection from supply zone and bounce from demand zone just the way it was described in the idea description. Follow InvestYourAsset for more such ideas.
Note
.Note
Gap Up opening ... wait for fresh breakout before taking any entryNote
again rejected from supply Zone ~~
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ready to short below 6585, Never forget to use strict SL.
Entry only on confirmation.
This is just a view and not a recommendation, please follow your own trading setup.
Note
and finally achieved Target 2 !! Follow us for more such information daily.
Trade fermée: cible de profit atteinte
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.