Crude is forming a nice Wedge: we can have the following 2 plans;
1. Sell at the current rate with a tight Sl above the red candle :
Sl : 71.15
TP :68.3
TP2:67.16
2. Buy if it goes above 71 and expect to test 72.9
Put Sl below the red candle : 69.3
1. Sell at the current rate with a tight Sl above the red candle :
Sl : 71.15
TP :68.3
TP2:67.16
2. Buy if it goes above 71 and expect to test 72.9
Put Sl below the red candle : 69.3
Comment:
Exactly following the plan as of now. So sell is making money.