Trend is buy on dip....
Also....note....now 111 will act as strong support....i.e..s/l for all longs, positional...
Message is. violent move is on the cards, based on s/l distance....i.e.117+6= 123 dollar may be the target..
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Nymex crude
Hope.....it may test again 130 dollar sooner or later....to normalise the previous move...
My take.. buy on dip... with proper stop loss...
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