Technically if we see Crude Oil on MCX Exchange, can see rise towards 3875-3880 levels. At that range, we can see again Bears getting active.
If we discuss the LARGER picture, then last week, Crude Oil jumped back from the weekly support area.
The safe & new Buy-side position can be taken on holding above 3750 for the target of 3790/3830/3880 levels.
Learn to Evaluate charts of your favorite trading instruments; by joining one of our Unique trading course.-Divesh
Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.
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About the Author
Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.
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