Crude Oil Intraday Technical Analysis for 7th Jan., 24

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🚀 Unlock the potential with my Crude Oil Intraday Technical Analysis for 7th January, 2025!

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📍 Range Trigger Point (DRTP): 6308
📅 Day Range: 140

📈 Long Position
🔹 Buy Above: 6380
🎯 Target 1: 6395
🎯 Target 2: 6448
⛔ Stoploss: 6333

📉 Short Position
🔹 Sell Below: 6346
🎯 Target 1: 6221
🎯 Target 2: 6168
⛔ Stoploss: 6393

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🚀 How to Trade with Numro Trader Intraday Levels

Buy Setup
🕒 Wait for a 5-Min. candle to close above DRTP or Buy Above level.
📈 Confirm breakout with a candle breaking the high of the breaking candle.
🛒 Enter a buy order at the active level (DRTP or Buy Above).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from below DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.

Sell Setup
🕒 Wait for a 5-Min. candle to close below DRTP or Sell Below level.
📉 Confirm breakout with a candle breaking the low of the breaking candle.
🛒 Enter a sell order at the active level (DRTP or Sell Below).
🎯 Target: Aim for Target 2 (if the market is coming directly from DRTP) or Target 1 (if coming from above DRTP).
⚠️ Exit Rule: Set stoploss of 30 points exactly from the active level. Avoid re-entering after achieving the target.

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