pratiktech

Profit booking due in Crude till $30

NYMEX:CL1!   Light Crude Oil Futures
We have seen that crude prices have recovered nearly $12 from lower levels. Technically prices have formed bearish shark pattern and can correct till $30. One should think to book their long position somewhere around $38.5-$39. Technically, short can be done around $40 with stop of $43.50 and could wait lower till $32.
Thanks for early warning.
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