short sell... Crude.. SELL@--59.85--59.80 SL 60.23 T1 59.47
After a strong impulsive move oil has taken trendline ressi. and now its all set and ready to blast in coming few weeks. therefore, its has eventually formed two patterns 1.bullish pennant and 2. descending triangle. we just need to play safe as per chart currently once its reached support zone our buy will going to trigger on 59.5 and SL would be on closing daily...
TREND ANALYSIS Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for 2nd entry setup, if available then short. R:R is 8 to 15 times.
BRENT CRUDE LONG ENTRY 61.38, STOP-LOSS 59 , TARGET PRICE 66.70. NOTE : CONSULT WITH YOUR TRADING ADVISER BEFORE TAKING ANY TRADING DECISION.
TREND ANALYSIS Trade Setup Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. R:R is 1:10++ MCX Crude Oil For Indian Commodity Market. So be Caution On long buildup in Crude Oil.
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