As suggested by us earlier, crude oil made a sharp down move from the trendline.
Now it is at pullback mode.
Hence we suggest, traders to again short here or at the level of 55.21 since the bearish momentum is expected to continue further.
Now it is at pullback mode.
Hence we suggest, traders to again short here or at the level of 55.21 since the bearish momentum is expected to continue further.
Trade closed: target reached