Resistances 1: 58.6/55.1
Resistances 2: 52.03-52.44/53.79
Resistances 3: 49.6/49.7
As long as Crude resisted by 49.6/49.7, I am bearish and expecting 47.13, 46.83 first.
Targets: 47.13-46.83-46.73-46.56, [[45.43, 45.04,]] 43.71, 43.25, 42.81, 42.75, [[41.55]], 39.26, 38.01, 36.35 33.20.
My Ultimate positional target 45.5-45.05.
Trade Idea:
Sell Crude at CMP 48.24 or on rise with Strict SL 49.7/52.6.
Targets 1: [47.2], 46.6, [45.5-45.1].
Targets 2: 43.8, 43.3, 42.9-42.7, [41.6], 39.3, 38.1, 36.35, 33.2.
Resistances 2: 52.03-52.44/53.79
Resistances 3: 49.6/49.7
As long as Crude resisted by 49.6/49.7, I am bearish and expecting 47.13, 46.83 first.
Targets: 47.13-46.83-46.73-46.56, [[45.43, 45.04,]] 43.71, 43.25, 42.81, 42.75, [[41.55]], 39.26, 38.01, 36.35 33.20.
My Ultimate positional target 45.5-45.05.
Trade Idea:
Sell Crude at CMP 48.24 or on rise with Strict SL 49.7/52.6.
Targets 1: [47.2], 46.6, [45.5-45.1].
Targets 2: 43.8, 43.3, 42.9-42.7, [41.6], 39.3, 38.1, 36.35, 33.2.
