Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Will Crude Test $68 Levels

20 sec read


 

Crude is trading above $55 levels which is a bullish breakout levels as mentioned in my last post

Quick Update on Crude and currently testing the next level of resistance $60. Any breakout
above $60 will test $68 in short term and the targets are extracted from weekly charts by applying
our 13,34,55 EMA Principle to Crude Weekly Charts
Weekly EMA levels for Crude
$53 – 13 Week EMA
$60 – 34 Week EMA
$68 – 55 Week EMA

Recent Topics about Crude :
Quick Update on Crude – 19 Apr 2009
Breakout in Crude – 19 Mar 2009
Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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