After making huge bullish move last week, now we can clearly see that Crude is now in correction phase, as we can see on the chart price is creating LHs now, so if price gives us a high volume break and retest of trend line we can go long till 95$.
and if price starts to fall down we can again look for long trade opportunity as recent Price action Support zone it can fall till is between 89-90$ which is also the .618 fib. level of recent bullish move, and also overall market is bullish, so be patient if market starts to fall or correct itself till 89-90$
and if price starts to fall down we can again look for long trade opportunity as recent Price action Support zone it can fall till is between 89-90$ which is also the .618 fib. level of recent bullish move, and also overall market is bullish, so be patient if market starts to fall or correct itself till 89-90$