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When MCX Crudeoil touch 4000 levels? - Part II

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Crude Oil Futures (MCX:CRUDEOIL1!)  
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MCX:CRUDEOIL1!   Crude Oil Futures
Support and Resistance Fibonacci Moving Averages Crude Oil mcxcrude mcxcrudeoil mcxcrudeoiltips freecommoditytips freecrudeoiltips crudeoilforecast crudeoilanalysis freemcxtips
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supportandresistance fibonacci movingaverage crudeoil mcxcrude mcxcrudeoil mcxcrudeoiltips freecommoditytips freecrudeoiltips crudeoilforecast crudeoilanalysis freemcxtips
CONTINUE: When MCX Crudeoil touch 4000 levels? - Part II

According to the 4H chart of MCX crude oil, it's sharply moving upward. It's safe for intraday & short-term traders to take a position nearby the support trendline or 50 MA for the targets of 3600 - 3660 - 3700 - 3800.

But what if it breaks the support trendline? DMI is indicating collapse ahead. I will update it soon.

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When MCX Crudeoil touch 4000 levels? - Part I
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