oil trading around 53.5 level as oil inventories price can up but Strong Resistance above 54 level were on daily chart we can see strong supply zone around 54.5-55 level if hold below 55.2 we can see a correction toward 51-51.5 where if close above 55.2 then it can shoot up toward 58-59 level.
use small lot sell advice from cmp 53.45-54.4 sl above 55.3 TP 51
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Trade 85 pips Green advice to move sl at cost and stay risk free
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Oil 52.2 as US oil inventories it can hold support around 51.8-52 level if hold this we can see a jump toward 52.8-53.5 where if breaks 51.8 then next 50.8-51