Crude
Updated
Crude holding $45.00 support, but it is not a buy opportunity, wait for some time to short around $46.45 for a target of $41.50 , which is 61.8% retrace of good rally and also near 200 DMA
Note
It took 17 days to reach my target ( short position @46.50 on 12thJuly and the target 41.50 today.).I think to enter long around this level with small SL
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.