YM.Chong
Long

Patiently Waiting For a Breakout Signal for Crude Oil !!!

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
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Patiently waiting for a break out signal for crude oil             . A break out may possibly lead the market to 33.50,37.50 and 42.50.
Additionally, MACD potentially showed a bullish divergence signal for crude oil             .

Suggested Long after any breakout of downtrend line, TP 33.50,37.50 and 42.50 with cut loss at $ 23.50.

Would appreciate if you could provide some feedback for following analysis on crude oil             . Happy trading, Cheers :)
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