bbrijesh

Crudeoil - Long Bet

Long
NYMEX:CL1!   Light Crude Oil Futures
CL1! has been trading in rising channel pattern. The prices have tested the lower band and moving northwards. The minor hurdle (black dashed line) at $46.50 if cleared by Bulls (on closing), we might head towards $54-58.
Trade active: Moving as expected

Trade active: Moving as expected...Thanks OPEC ;)
Comment: Should book part profits as its approaching resistance (CMP-$54)