WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017

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WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017

Post by AVINASH on Sun Mar 19, 2017 10:38 pm

As mentioned in last weekly analysis crude was in good demand zone , which has held so far.
At present crude is in monthly up trend with sideway trend on weekly.
Though daily and 240 min trend is down, trend line on both has broken and currently good daily demand is in control.

OI analysis suggesting unwinding of long in system , so need to be cautious on long trade initiated in daily demand.

Trend Analysis:





OI Data Analysis:




Trade Setup:

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