CMP: 83.82, Target : 85.41 , 92-94
Crude Oil has been trading within a channel for quite some time. Short term it looks very bullish.
if resistance 85.41 is broken, it will hit the upper trend line 92-94, depends on the timeline when it hits. Most likely before end of Feb or earlier.
We can expect some pull back once it hits the upper trend line, might be a time to add to the shorts. But if it breaks out the channel, moves will be very wild upside.
Crude Oil has been trading within a channel for quite some time. Short term it looks very bullish.
if resistance 85.41 is broken, it will hit the upper trend line 92-94, depends on the timeline when it hits. Most likely before end of Feb or earlier.
We can expect some pull back once it hits the upper trend line, might be a time to add to the shorts. But if it breaks out the channel, moves will be very wild upside.
交易結束：目標達成
Crude reached my target 93.. Next it's going to test previous high 95.9.. Time to start adding to shorts in small positions.
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