Currently crude oil is trading near its support zone.
a bounce back for the target marked in dashed line can be expected if it manages to close above the trendline resistance as per the 5 minute candle.
trade with caution. follow your trading setup before initiating any trade.
a bounce back for the target marked in dashed line can be expected if it manages to close above the trendline resistance as per the 5 minute candle.
trade with caution. follow your trading setup before initiating any trade.
Comment:
took support at mentioned level. Long trade active, targets are marked stoploss can be 5775
Trade closed: target reached:
target achieved !!
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Join Our free telegram channel for more detailed market views.
For Fully automated algo trading contact us:
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Disclaimer: All the Views are purely for educational purpose.