MCX Crude Crash : Some Stupid Advisors Says, Buy Buy All Buyers Trap

MCX Crude Crash : Some Stupid Advisors Says, Buy Buy All Buyers Trap

MCX Crude Crash : Some Stupid Advisors Says Buy | Neal Bhai Reports

Crude Oil Tips : CRUDE MCX PANI PANI, Kya Bola Tha Abhi Mera Target Pura Nai Hua – Remmber or Not????

Technical Power of CFA’s

(CHARTRED FINANCE ANALYST)

“No Magic, No Miracle, Just Power of Level”

Neal Bhai Reports (NBR) By CFA’s  and MFA’s Technical Team

Mobile No. 9582247600 & 9899900589

The main trend is down according to the daily swing chart. The trend turned down on July 11 when sellers took out the swing bottom at $69.93. The new main top is $72.98. A trade through this price will change the main trend to up.                

The main range is $62.99 to $72.98. Its retracement zone at $67.99 to $66.81 is the primary downside target. Sellers came close to hitting this target on July 12 when the low hit $68.09. Inside this zone is an uptrending Gann angle at $67.74, making it a valid downside target. 

The short-term range is $72.98 to $68.09. Its retracement zone at $70.54 to $71.11 is the primary upside target. Since the main trend is down, sellers may come in on a test of this zone. On July 13, this zone stopped the rally at $70.60. Inside this zone is a downtrending Gann angle at $70.98, making it a valid target.  

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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