HITZ_TRADER

Double top

Short
HITZ_TRADER Updated   
MCX:CRUDEOIL1!   CRUDE OIL FUTURES
Weekly Timeframe analysis shows a double top
It's quite dangerous now to take any long position
Just wait for retest of 1st target
If support broken continue till 3rd
Most probably 4th won't be achieved
But let's see in favour it happens thn sign would be 3rd support broken
Comment: 2nd target reached and Bulls came in strike

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.