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CRUDEOIL1! In Trend Signal Pro, a sell signal was generated at 6348 based on price action. Traders using this indicator held their short positions until the 6216 level, securing a profit of ₹13,200 per lot.
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CRUDEOIL1! Yes, every piece of news is important, and price action also plays a crucial role. Indicators are created to help traders decide when to buy, sell, or stay out of the market without taking a trade.
This is not magic; it is a combination of various price action strategies and moving averages that work together to analyze the market. If you think of it as magic, you are mistaken. It is simply the result of studying market behavior and applying the right technical tools to make informed trading decisions.