AvinashMudaliar

LONG USOIL

Long
AvinashMudaliar Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
TOOK SUPPORT AT 51.82-51.56 ZONE

ALSO CLOSED ABOVE FALLING RESISTANCE LINE.

NEXT TARGETS ARE TARGET 1 53.93 TARGET 2 55.03

POSSIBLE RETRACE AROUND 53.68 AFTER FIRST TARGET IS HIT

STOP CAN BE CANDLE CLOSE BELOW SUPPORT ZONE.

FROM ICHIMOKU POINT OF VIEW CHIKOU SPAN IS STILL ABOVE RESPECTIVE PRICE INDICATING POSITIVE ATMOSPHERE.

WE ARE ALSO IN SYNC WITH MCX CRUDE OIL. BELOW ARE ITS DETAILS BASED ON FRIDAY'S TRADING SESSION.

CRUDE OIL

SUPPORT 3322-3318 TOOK SUPPORT AND CLOSED ABOVE 3350

TARGET 3467-80 CBSL 3304

RESISTANCE 3367-80 KEY LEVEL

Comment:
53.29-53.79 REVISED TARGETS

TILL NOW POSITION IS GOING GOOD.
Comment:
TARGET 1 HIT 53.29

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