Get started
strongEagle53738

CRUDE PRICE REJECTION FROM 200 EMA

Short
Crude Oil Futures (MCX:CRUDEOIL1!)  
strongEagle53738  
MCX:CRUDEOIL1!   Crude Oil Futures
Chart Patterns
1
0
chartpattern
1. Crude oil Price again got rejected from 200 EMA & respected longterm trendline in 1 D time frame.

2. Close below 6178 may drag the price till 200 ema in 4H time frame. that will be around 6000 level. Close below 6000 may drag the price further to lower trend line.

Related Ideas

strongEagle53738
3rd rejection from same trend line with falling RSI
strongEagle53738
Dubble Top & Rejection from 200 ema
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.