Crude Oil Future Analysis on 8 August
Major Support zone at 6074. If it break then we can see a big down move with in next couple of days.
Also it crate a trendline support as i draw in chart.
If market open gap down below 6074 and create a bearish price action then we can buy put option of 6000 . if it revert back then we can see a move of upside till 6831.
Also it crate a trendline support as i draw in chart.
If market open gap down below 6074 and create a bearish price action then we can buy put option of 6000 . if it revert back then we can see a move of upside till 6831.
Ask me anything I am happy to help you.
To motivate us, Please like the idea If you agree with the analysis.
Thanks & regards,
Kaustav Hazra
To motivate us, Please like the idea If you agree with the analysis.
Thanks & regards,
Kaustav Hazra
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