Crude oil signal

A good day for our oil signals subscribers . We asked them to sell this black gold and our subscribers minted profit approx 60 pips in trade . Here is our trade recommendation .

Sell oil at 48$ with stoploss of 48.60$ for target of 47.40$ .

It crashed and our subscribers exited on our target . Currently its trading at 47.40$ , a good support now stands at 46.90$ . If traders take this base out and manage to sustain trade below our support , then expect more pressure upto 46.30$ -45.40$ .

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By marafat