As per my analysis, I am highly bearish with Crude.
Resistances: 6273, 6449, 6549.
Long term positional targets: 5933, 5852, 5784, 5719, 5640, 5584, 5363, 5300, 5085.
Positional Chart Wave Counts:
If you check the above chart wave 2 or wave B, made 38.2% correction.
So, per my above chart, Long term positional targets are: 5640, 5248, 5294, 5078.
For medium term, short term and for intraday, all calls will be generated based on this as long as 273, 499, 549 restricts.
Happy Trading Friends!!!.
Resistances: 6273, 6449, 6549.
Long term positional targets: 5933, 5852, 5784, 5719, 5640, 5584, 5363, 5300, 5085.
Positional Chart Wave Counts:
If you check the above chart wave 2 or wave B, made 38.2% correction.
So, per my above chart, Long term positional targets are: 5640, 5248, 5294, 5078.
For medium term, short term and for intraday, all calls will be generated based on this as long as 273, 499, 549 restricts.
Happy Trading Friends!!!.
