Time for #crudeoil 6848, can HIT 7000

Reason we were bearish on #CrudeOil CMP 6300
👉it break 20 day SMA/EMA 6442/6399.
👉 MACD cross over indicates bearish momentum.
👉 Below Ichimoku cloud, TK cross over and red cloud indicates sharp correction.
👉 Supertrend indicates selling on 15min/30min/1 hr chart.
👉 CHoch with supply around 6490 it retraces 6480 and breaks 6400/6300 levels
👉 Volume profile indicates a resistance at 6450
#tradewithraj #BrainmassCommodity #crudewithraj #BrainmassTraders #BrainmassClub

#crudeoil supply zone 6427-6448

#crudeoil 6445

#crudeoil is testing its crucial support level

#crudeoil 5900 successfully holds the important support 5500-5600 level going further important levels are 5680/5740/5880

#crudeoil 6000 holds the support 5500-5600 and small breakout at 5760 continues the upside trend as shown by regression lines, important level 5960/6100/6315/6500

#crudeoil 5826 is facing resistance 5880-5920 can retest the support 5760/5660

#crudeoil : it confirms 5760-5780 as important support for the current expiry, volume confirms the bullish move the level we suggested earlier is still intact 5760/5850/5960/6100/6315/6500

#crudeoil facing stiff resistance now back to retesting the support 5590-5680

#crudeoil 6080 is gearing up for major action, keep an eye....

+600 points since we are bullish on it, check our follow-up posts on #crudeoil

#crudeoil small resistance around 5880

#crudeoil downtrend continues