Bursting Setup – MCX CrudeOil
This is a live breakout example of MCX CrudeOil. The breakout should come into effect after breaking the Lower Price Wall of The Bursting Setup, a breakout technique developed by The Financial Doctors.
This is the live example for
MCX CrudeOil-
 |
| MCX CrudeOil - 60 Minutes |
If it breaks the Lower Price
Wall of 2107, it should come into breakout mode. Prices are consolidating. Price
Pattern is acceptable. Volume Pattern is acceptable.
Also an important point to consider is, a Strong Support Area 2070 – 2090 is just under this level. So this area may act as a reverse point for MCX CrudeOil. Lets see what happens.
Also an important point to consider is, a Strong Support Area 2070 – 2090 is just under this level. So this area may act as a reverse point for MCX CrudeOil. Lets see what happens.
For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor.
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