CRUDE OIL Long position Opportunity

By BalajiThorali
Updated
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The Consolidation structure broken as the price broke the support line with downward move and hence this trade is no longer valid
Crude OilLONGSupport and ResistanceTrend Lines

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