Crude oil is all set to giving a breakout on long side! you can expect data ( Tomorrow's Inventory ) to support this possible breakout!
yes! you can consider a BUY on WTIcrude oil STRICTLY above 73.75 Region with the SL of 71.25 for the target of 77.75!!!
Alternative scenario : If crude is not giving breakout on upper side, you can go for sell below 71.75 with the sl of 73.75 for the target of 68/66!!!
Disclaimer : Consider this post for educational purpose only. Always do your own analysis or consult with Financial adviser before taking any investment decision. We are not responsible for any profit or LOSS. Trading in derrived products with the leverage always carry high risk. Always Invest an amount which you can afford to loose.
yes! you can consider a BUY on WTIcrude oil STRICTLY above 73.75 Region with the SL of 71.25 for the target of 77.75!!!
Alternative scenario : If crude is not giving breakout on upper side, you can go for sell below 71.75 with the sl of 73.75 for the target of 68/66!!!
Disclaimer : Consider this post for educational purpose only. Always do your own analysis or consult with Financial adviser before taking any investment decision. We are not responsible for any profit or LOSS. Trading in derrived products with the leverage always carry high risk. Always Invest an amount which you can afford to loose.