Crude Oil Bullish Continuation
Crude Oil price seems to exhibit signs of Bullish continuation.
Bulls may eventually face a strong resistance zone around 83 till 85.1. If there is considerable Bullish momentum in this price zone and this zone breaks, chances of TP2 may increase.
Till then, opportunity may be seized by the Bulls.
Trade Plan
Entry @ 73.707 OR CMP
Stop Loss @ 65.58
TP1 @ 81.86
TP2 @ 90
No. of Trades: 2
Move SL to Break Even if TP1 hits.
Bulls may eventually face a strong resistance zone around 83 till 85.1. If there is considerable Bullish momentum in this price zone and this zone breaks, chances of TP2 may increase.
Till then, opportunity may be seized by the Bulls.
Trade Plan
Entry @ 73.707 OR CMP
Stop Loss @ 65.58
TP1 @ 81.86
TP2 @ 90
No. of Trades: 2
Move SL to Break Even if TP1 hits.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.