CRUDEOIL - 11 December 2023
Crude oil has fallen badly for a few days.
Based on demand and supply - marked dot-to-dot levels
Today crude has been bullish
A morning star pattern has been formed, and there is confirmation
Entered during fib retracement.
I'll be trailing at 5980 and SL at 5910 .
Current level 5940 is crucial, and we can expect a good up move if bullishness continues.
NOTE: This is a contrary trade with a significant risk. This is not a tip but my view of crude.