Crude Oil has formed inverted head and shoulders a breakout can be expected above $49.5
T1: $51
T2: $53.5
T3: $55
T4: $57
SL: $47
T1: $51
T2: $53.5
T3: $55
T4: $57
SL: $47
Commentaire:
Crude oil near the neckline. Is it going to break the neckline?
Commentaire:
Aggressive traders can go long now.
Conservative traders can wait to go long above $49.5
Conservative traders can wait to go long above $49.5
Transaction en cours
Transaction en cours:
Any pull back upto $49 can be seen as a buying opportunity
Commentaire:
Made a high of 50.65 so far.
Close to out T1: $51
Close to out T1: $51
Transaction en cours
Trade fermée: cible de profit atteinte:
T1: $51 achieved
Commentaire:
Conservative traders can exit COMPLETE position at CMP $51.65 as it it now facing the old trend line resistance. We will re-enter the trade upon this trend line resistance breakout.
Aggressive traders can continue to hold their BUY position trailing SL to cost aiming for our T2: $53.5
Regards,
tRex
Jurassic Park
Aggressive traders can continue to hold their BUY position trailing SL to cost aiming for our T2: $53.5
Regards,
tRex
Jurassic Park
Commentaire:
Conservative traders can re enter at CMP ($52.10) and on dips up to $51.5
Commentaire:
Trailing SL to cost ($49.5)
Trade fermée: cible de profit atteinte:
T2: $53.5 achieved
Trade fermée: cible de profit atteinte:
T3: $55 achieved
Trade fermée: cible de profit atteinte:
T4: $57 achieved
ALL TARGETS DONE
ALL TARGETS DONE
