Crude yesterday never crossed our level breakout level 5896.....so, no trade on long side..
Crude yesterday crossed our breakdown level 5821 and short initiated.......as mentioned...
Now the targets are as per below chart.....always trade as per level.....
Why below 5821 sharp fall (though it was very low).....that is the level we have sell..
Nothing is High and Nothing is Low in this Market....all numbers.....just follow levels....
Think......Globally everywhere problem...IRAQ, UKRAINE, SYRIA, ISREAL....but, Crude is falling...because technically it is weak...
Think......no connection between crisis and technical.....
Think......price will move based on Technical not as per crisis......
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