Crude oil taking support in the same region marked in green for multiple times. for a decisive downside momentum from here crude oil needs to break the support region as per 15 minute candle closing basis.
However, if crude oil manages to break the trendline resistance, the immediate upward target is marked in the chart with a red dashed line. and further upside can be the selling zone from where crude oil rejected last time.
trade only on confirmation.
Disclaimer: This is just a view and only for educational purpose. follow your own trading setup before initiating any trade.
However, if crude oil manages to break the trendline resistance, the immediate upward target is marked in the chart with a red dashed line. and further upside can be the selling zone from where crude oil rejected last time.
trade only on confirmation.
Disclaimer: This is just a view and only for educational purpose. follow your own trading setup before initiating any trade.
Trade closed manually:
breakdown !! 5701 low... Now keep tight trailing SL or book your gains as RSI is already in Oversold region.
Comment:
5643 low !!! it was huge.
WhatsApp : 8766668446
Join Our free telegram channel for more detailed market views.
For Fully automated algo trading contact us:
t.me/investyourasset
Disclaimer: All the Views are purely for educational purpose.
Join Our free telegram channel for more detailed market views.
For Fully automated algo trading contact us:
t.me/investyourasset
Disclaimer: All the Views are purely for educational purpose.
