Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Will Crude Test $68 Levels

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Crude is trading above $55 levels which is a bullish breakout levels as mentioned in my last post

Quick Update on Crude and currently testing the next level of resistance $60. Any breakout
above $60 will test $68 in short term and the targets are extracted from weekly charts by applying
our 13,34,55 EMA Principle to Crude Weekly Charts
Weekly EMA levels for Crude
$53 – 13 Week EMA
$60 – 34 Week EMA
$68 – 55 Week EMA

Recent Topics about Crude :
Quick Update on Crude – 19 Apr 2009
Breakout in Crude – 19 Mar 2009
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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