CFDs on WTI Crude Oil
Long
Updated

CATCH THE PULLBACK......CRUDE LONG POSITIONAL

The chart of crude oil represents a perfect scenario for reversal trade, we may go long on pullback near 21.50 $ to 21.80 $ levels for decent risk to rewards up to 25 $ with stops below the recent swing lows 20.70 $ on positional basis. Indian traders can calculate their prices according to USDINR and current prices of USOIL whenever the markets open.
Note
Enjoy with Stock_TechPro limited edition ideas for free subscribers.
Note
Strong resistance near 27.20 levels book part profits or trial stop loss as per your appetite
Note
Passes on of the recent swing high and stiff resistance looking near 30.10 levels for any further movements. Stay cautious and trial your SL.

Disclaimer