#mcxcrude back to 6500 level

#mcxcrude strugging to hold 6500 but it hold the lower end of the trendline 6429, will review once it holds 6540 level

#mcxcrude breaks the ascending trendline at 6440 and then -100 points and now retest and down -50 points again. Important support level 6290-6300 fresh buying above 6540

#mcxcrude 6451 important level 6426 from where it took immediate support for the day.

#mcxcrude 6491 inching towards 6500 with support 6426/6300

#mcxcrude 6551

#mcxcrude 6530 important level 6540 and small support 6480 it hold 6540 will review it, lack of volume so can see dip from the current level

#mcxcrude 6555 first candle closing with decent volume, it's trying to hold important level 6540

#mcxcrude 6650 on the verge of breaking out the next important level 6844/7040 and major support 6380

#mcxcrude hits the first TGT 6800 now heading towards 7000

#mcxcrude 6840 done with wave 4 now wave 5 started which extend the rally closer to 7000

#mcxcrude 6790-6800 is acting as immediate support

#mcxcrude 6994 almost HIT TGT 7000

#mcxcrude 7000

#mcxcrude holding above 200 MA & trendline intact

#mcxcrude moved +300 since my last post 6079->6382 still the trendline is intact

#mcxcrude 5339 continues the downtrend, if we consider wave A (6965->5673), wave B (5673->6182) then wave C which is 1.618% FIB EXT of wave A (4901) but it makes low of 4800 now retesting its resistance 5546 and then corrected back to 5288 which is the start of the new wave, we will review once it break the resistance 5546, until then, it's SELL ON RISE.