TradingSutra

CRUDEOIL: Bullish outlook

Long
TVC:USOIL   CFDs on WTI Crude Oil
Considering running flat on higher degree & the previous diagonal as an ending diagonal , crude can be considered in 5th wave of higher degree. One should go long on current levels with SL of 91$ & look for the target of the 97$ and 99$-99.7$

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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