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Oil Playing Twister: Triple Bottom or Quadruple Pretzel?A Triple Bottom Walks Into a Bar…
Crude Oil (CL) has been busy doing something traders love and hate at the same time: building bottoms. First, it carved a neat Triple Bottom on the daily chart — textbook stuff. Everyone lined up at 66.68 waiting for the breakout champagne to pop.
But what did pr
MCX CRUDE: Showing Traces of a bounce bk RallyMCX CRUDE: Trading at around 5600 has given Golden EMA Cross over in 30Min chart .
Major Resistance lies at 5700 -5800.
Close above 5800 likely to trigger a rally towards 6400 whereas 5400 likely to act as the crucial support.
Drifting below its 5400 likely to test 5100 its June ,2025.My bias is pos
Market Expectations Misfire as OPEC Plus Delivers a Smaller HikeOPEC+ surprised markets on 05/Oct (Sun) with a smaller-than-expected output hike, triggering a rebound in crude prices the following day. In contrast, WTI had trended lower the previous week amid expectations of a larger supply increase, rising U.S. inventories, and cautious sentiment.
This paper
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
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OIL FALLPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
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MCX Crude Oil Options (16th Oct Expiry)MCX Crude Oil Options (16th Oct Expiry)
Buy 5400 Call option only if price breaks above 188.60
Target: 208.60
Trade must activate tomorrow (6th Oct 2025), else the view is canceled.
Once activated, target remains valid till 15th Oct session.
📌 Disclaimer: This is a directional view, not a recomm
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a
CRUDE OILPreferably suitable for scalping and accurate as long as you watch carefully the price action with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a
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Displays a symbol's price movements over previous years to identify recurring trends.