TradingSutra

WEAK CRUDE OIL

Short
TradingSutra Updated   
OANDA:WTICOUSD   West Texas Oil
The Spike which we have seen in the previous session was stopped in the region of 28$ level completing the corrective move of a-b-c pattern. Crude Oil should resume the downside journey for the targets of recent low & even below that which can be the level of 17$-15$ zone competing the last (v) leg of primary 3rd wave on monthly chart.
Comment:
Be careful !! Holding 25$ can give push of 5$ on upside .
Trade active:
Didn't hold 25$ mark & heading towards the target zone !
Trade closed manually

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
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