Crude oil signal

A good day for our WTI crude oil signals subscribers , we asked them to sell this major commodity last night . It crashed and our subscribers exited at our target . Here is what our trade advice which we gave to our subscribers .

Sell crude oil at 61.65$ with stoploss of 62.25$ for target of 61$ .

It crashed and made low below 61$ and our subscribers fetched approx 65 pips . We made nearly 650$ profit per lot in this trade .

Currently oil trading at 61.10$ , a good support on this major commodity stands at 60.50$ , if traders take this base and manage to sustain trade below this level . Then expect pressure upto 59.80$ – 59$ .

A good hurdle on this black gold stands at 61.80$ , if traders take this hurdle out and manage to sustain trade above our resistance . Then expect good recovery upto 62.30$ – 62.90$ above 63.20$ expect fresh buying upto 65$ and even more .

Crude oil trend is weak for now . Avoid any major buy for now . It might slip below 60$ .

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By marafat