overall downtrend .... this is short time long trend .... RSI divergence in 2 hour chart
AS PER THE TREND SELL TREND CONTINUE, WILL AGAIN @ 64.10 AND GOES TO THE TARGET AS PER MENTION IN CHART
Crude Oil next week scenario 60 possible if this trend continues
Crude Oil taking a long rest here after OPEC cuts supply, trade talks in focus and the ladder is still on.
Buy USOIL at CMP (73.70+) T1: 76.85 T2: 78.35 T3: 79.10 SL: 72
Crude Oil could be a good buy between $63.90-$63.60 SL below $63 Targets $67.50-$69 Tiny risk for a huge reward!
I FEEL AGOOD UPSIDE CAN BE SEEN IN CRUDE OIL IN SHORT TERM
USOIL looking out to break the strong resistance of 51.65 level. Once if the price break the 51.65 level the further uptrend may come upto 61.15 level. It's a short term recommendation. Trade: Buy above = 51.70 Target 1 = 56.60 Target 2 = 61.05 Stop Loss = 45.00 Total Reward Points = 9.35 Risk Points = 6.7