Above is 4 hourly chart of crude:
--break above consolidation channel near minor top will decide further direction
break on upside breaching 91.55-65 will lead to a sharp rally and most probably
will breach recent top and may rally towards 93.
--whereas beach of channel on downside will cause it to first fall toward 90.55
and then may also retest 89 support levels.
Kindly follow these levels and trade accordingly.
RANVIR SINGH
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