Crude oil prices seem to be facing a strong resistance zone. A potential Bullish reversal may occur if the price breaks the previous Lower High.
Bulls may eventually face a strong resistance zone around 78 till 81. If this zone breaks, the likelihood of TP2 will increase.
Trade Plan
Entry @ 75.6
Stop Loss @ 72.15
TP1 @ 79.05
TP2 @ 82.5
No. of Trades: 2
Move SL to Break Even if TP1 hits.