Crude has been negative 3 times a row due to inventory data. Now again US rise their drilling and is expected to be little more bearish. But technicals suggest that if crossover of macd and stochs is completed, it may make a new high. Lets wait and see.
If crossover happens in a day or two, then 1st target would be 46.11 and 2nd target would be 49.71 (if lucky).
If crossover happens in a day or two, then 1st target would be 46.11 and 2nd target would be 49.71 (if lucky).
Note
Just WAIT...Note
Crude oil review, If inventory data will be bullish then most likely will follow this path, otherwise ignore this.Trade active
Note
Waiting for 2nd Buy or Exit. Just waiting for my 2nd signal.Trade closed: target reached
Target 1 reached.. Lets see should we wait for 2nd Target ?Trade closed: target reached
Target 2 achieved.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.