CMP 5026
As long 5114, 5118, 5199 resists I am still bearish in Crude.
SELL ON RISE is my Strategy.
Sellers Strict Stop Loss: 5120.
Minimum target: 4967.
Based on 15min TF, Crude done minimum retracements at 5039. Further retracement levels on the upside are: 5041, 5058, 5071[level to watch], 5082. Best Sell entry between 5060-5085.
If 5114 resists and any reversal from the above levels,
Down side targets: 4933, 4913, 4884, 4826, 4740.
CMP: 5026, Stop Loss 5120.
Based on 15m, 1H and Daily TF, If 5114, 5118, 5199 resists, I expect 4954-4949, 4884-4879-4860, 4797-4790, 4740-4735, 4677.
Sell at cmp 5026 or on rise between 5060-5085 with Strict SL 5120.
If crude breaks 5118, I'll be reanalysing my chart.
Take care friends. Good Luck.
My targets:
4954-4949, 4884-4879-4860, 4797-4790, 4740-4735, 4677.
As long 5114, 5118, 5199 resists I am still bearish in Crude.
SELL ON RISE is my Strategy.
Sellers Strict Stop Loss: 5120.
Minimum target: 4967.
Based on 15min TF, Crude done minimum retracements at 5039. Further retracement levels on the upside are: 5041, 5058, 5071[level to watch], 5082. Best Sell entry between 5060-5085.
If 5114 resists and any reversal from the above levels,
Down side targets: 4933, 4913, 4884, 4826, 4740.
CMP: 5026, Stop Loss 5120.
Based on 15m, 1H and Daily TF, If 5114, 5118, 5199 resists, I expect 4954-4949, 4884-4879-4860, 4797-4790, 4740-4735, 4677.
Sell at cmp 5026 or on rise between 5060-5085 with Strict SL 5120.
If crude breaks 5118, I'll be reanalysing my chart.
Take care friends. Good Luck.
My targets:
4954-4949, 4884-4879-4860, 4797-4790, 4740-4735, 4677.
