Sym triangle in a very short period is in cooking after strong support around 56.5. Targets and stop-loss in the chart.
Short Crude Oil at CMP (56.60+) T1: 55.45 T2: 54.30 T3: 52.70 T4: 51.00 SL: 57.25
Hi all, Crude oil moved enough to make a corrective drop
Analysed levels can be accessed by hovering Cross on chart...
CRUDEOIL FORMING BEARISH ABCD @61.8% FIB LEVEL ALONG WITH HORIZONTAL SUPPLY ZONE.. WILL SELL @60.5$ SL 61$ TGT 58.5/58$
IT HAS COMPLETED PREVIOUS TARGET FOR SELL AND NOW IT TURN BACK TO BUY. NOW BUYING STARTED!
WTI Crude oil is in intermediate uptrend. Holding the 55 level boosts the possibility of testing previous highs.