Crude oil is trading and likley to trdae further with negative bias until it crosses the 4160 level. More downfall can be seen if breached the level of 4090 with enough volume. A drift move above 4200 will support the bullish trend in Crude oil and prices might test 4250-4280 later after this level.
Intraday Traders can sell Crude oil July futures below 4100 levels for the targets of 4070-4050 keeping a stoploss above 4160.
Above 4160 trend is reversal and traders can buy above the same.
Showing posts with label Crude oil Intraday Tips. Show all posts
Showing posts with label Crude oil Intraday Tips. Show all posts
