Crude has shown intent to go higher but failed to cross 2900 ( High 2902)...
Crude still is in Bullish trend and is in retracement mode.....Crude may / or may not fall till 2774-2747 level and then may move up again....
I will look for buy signal at these or near these level with SL placed at 2700 on daily closing basis....expecting crude to go till 3000+ levels may be till 3300+
If crude trade below 2700 on daily closing basis then I will switch to selling levels....
Crude still is in Bullish trend and is in retracement mode.....Crude may / or may not fall till 2774-2747 level and then may move up again....
I will look for buy signal at these or near these level with SL placed at 2700 on daily closing basis....expecting crude to go till 3000+ levels may be till 3300+
If crude trade below 2700 on daily closing basis then I will switch to selling levels....