US oil is looking like that it is starting 3rd wave and first lets focus on short term target of 99 ... Daily close above 94 will confirm with this target becomes real. if unable to close above 94 on daily close.. Please avoid this trade.
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if u are defensive please set the target as 97...
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Still 70 Dollars downside target still remains hence it will be safer to close long around 97
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Please go long only above 94 else it could be bull trap...
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