Crudeoil is trading at support of pitchfork line. Also CCI has shown positive divergence with cross over about last peak + above -100 line.It can run upward towards the pitchfork resistance line provided $ 50 is held on closing basis. Also, it is trading near the 61.8% retracement of entire rally. We can also see that how negative divergence on top ,supported by CCI crossover from upside to down, resulted in correction.
Buy crude at 52.50 with SL of $50 for target $54.50 -56.50
Buy crude at 52.50 with SL of $50 for target $54.50 -56.50
交易开始:
Cmp $54.33. 1st TGT achieved. Trail SL to $52.50
交易结束：到达目标:
made high of $ 57. tgt achieved.