Commodity MCX / NCDEX tips, Crude oil tips, energy tips, FREE Stock, Commodity & Forex tips, mcx tips

Identifying the Crude Oil Price Next Big Move

free commodity crudeoil chart calls

free commodity crudeoil chart calls

According to this chart, MCX crude oil is trying to climb upward. It has started upside rally from the beginning of May.

Here, I have applied Volume, DMI, MA, and Fib Retracement to identify the next move. Moving average of 50 & 200 is throwing direct up signals by crossover. And here, ADX is less than 25 but +DI above the -DI. Hence, we have chances to see slow movements.

Smart investors can buy for 3260 – 3300 – 3360 – 3400 levels.

In the previous trading session, it has created a Doji. It’s a direct sign of a reversal or trend continuation. But if it breaks the support line, the crude oil will fall to 88.6% (2982) – 78.6% (2735) of Fib retracement levels.

Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips

Want to get premium trading alerts on gold, silver, crude oil, etc., and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium MCX Calls

Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s.

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

Previous ArticleNext Article
Mr.Dev(s) is a team of non-biased certified technical and research analysts with extensive experience in the financial markets dating back to 1997. They accurately forecast market movements and position their clients accordingly. They are popular online contributors on many channels and platforms, known for their non-biased advice and commitment to helping investors make informed decisions. The team is also the founder of forex account management services on Moneymunch.com, demonstrating their knowledge and experience in the financial world. Investors can rely on Mr.Dev(s) for research reports and opinions, as well as trading guidance.

Visit here: Premium Commodity & Forex Tips
Join Today (Free): Commodity Tips | Forex Signals

6 Comments

  1. Thank you for the black Friday offer I missed the previous offer. I purchased a plan,subscribed and I regularly follow you.

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

//
//
Live Chat
< 4 min wait
//
Get a callback
<10 min wait

Chat with us on WhatsApp

Send this to a friend