Crude Oil
Told to buy Crude oil around 3010---3000 with small stop
loss of 2960. We booked full profit around 3090---3100.
Again told to fresh buy Crude oil above 3130.... Flared like
anything and hit 3235 mark
Now what to expect???
Crude oil give triangle breakout pattern on daily as well as
weekly chart along with it positive momentum in RSI and MACD too indicates
positive bias in Crude oil
Three consecutive closes + weekly close above 3200 will see
nonstop rally in crude oil till 3380---3450+ mark in days to come
In panic will buy... Positional stop loss 3050
More will be update soon!!