CATCH THE PULLBACK......CRUDE LONG POSITIONAL

The chart of crude oil represents a perfect scenario for reversal trade, we may go long on pullback near 21.50 $ to 21.80 $ levels for decent risk to rewards up to 25 $ with stops below the recent swing lows 20.70 $ on positional basis. Indian traders can calculate their prices according to USDINR and current prices of USOIL whenever the markets open.

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Strong resistance near 27.20 levels book part profits or trial stop loss as per your appetite

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Passes on of the recent swing high and stiff resistance looking near 30.10 levels for any further movements. Stay cautious and trial your SL.