Reason we were bearish on #CrudeOil CMP 6300
👉it break 20 day SMA/EMA 6442/6399.
👉 MACD cross over indicates bearish momentum.
👉 Below Ichimoku cloud, TK cross over and red cloud indicates sharp correction.
👉 Supertrend indicates selling on 15min/30min/1 hr chart.
👉 CHoch with supply around 6490 it retraces 6480 and breaks 6400/6300 levels
👉 Volume profile indicates a resistance at 6450
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