Bursting Setup – NYMEX & MCX CrudeOil
Recently we witnessed a breakout
in NYMEX CrudeOil which occurred after the formation of The Bursting Setup, a
breakout technique developed by The Financial Doctors.
NYMEX CrudeOil - 240 Minutes |
NYMEX CrudeOil gave this
breakout of nearly 7 points after breaking the Upper Price Wall of 35.32 .
Interestingly, The Bursting Setup
gave a breakout in MCX CrudeOil.
MCX CrudeOil - 240 Minutes |
MCX CrudeOil gave this breakout
of nearly 350 points after breaking of Upper Price Wall of 2507. Price Pattern was acceptable.
Volume Pattern was acceptable. Lets see how big the move turns out to be.
For Intraday & Positional Tutorial Calls and Detailed Technical Support, Ask The Financial Doctor
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