BalajiThorali
Long

CRUDE OIL Long position Opportunity

NYMEX:CL1!   Light Crude Oil Futures
The price is being consolidated between the Trend line (Yellow) and the support line (Green) , we can expect the price to break the trend line along with the immediate resistance line in next price swing ($ 60.68 )

a long position can be taken once the price breaks out of the Trend line and target and stop loss shall be as indicated in the chart
Order cancelled: The Consolidation structure broken as the price broke the support line with downward move and hence this trade is no longer valid
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