TECHNICAL ANALYSIS: USING COPPER MCX LIVE AND CRUDE OIL OPTION CHAIN TO PREDICT BREAKOUTS

Technical Analysis: Using Copper MCX Live and Crude Oil Option Chain to Predict Breakouts

Technical Analysis: Using Copper MCX Live and Crude Oil Option Chain to Predict Breakouts

Blog Article

For short-term traders and analysts, combining technical analysis of copper MCX live charts with the option chain structure of crude oil can offer a powerful forecast model.


What to watch:





  • copper mcx live: Look for moving average crossovers, RSI divergences, or Fibonacci retracement zones.




  • crude oil option chain: Analyze open interest concentration and IV crushes near key strike prices to anticipate oil’s direction.




When crude oil’s call options suddenly gain open interest, and copper breaks above a resistance zone, it may indicate broader bullish commodity sentiment. This co-analysis can be especially useful in intraday or positional strategies during high-volume sessions on MCX.

Report this page