Oil to SELL?

48.1-48.2 looks like a good sell zone for market.

Chose your take-profit yourself, market could possibly get into $44 region with this drop.

Trade at your own risk ...

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Looks like market spiked to 48.11 while in publish mode, was at 48.03 when I started to publish, sell zone target hit.

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Market reached the top of trend line at 48.39 so a 48.2 sell was excellent. Here is development so far, 2 fibs as one is with wick, other without wick.

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Market made it to 45.23 so far, almost in 44 region. An up channel formation observed. Trade profit now closed.

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Market made it into $44 as predicted from the start, if you're still in market, this is a good area to exit. Last area for profit collection is $44.8 region imo. Market could still go below $44.5 but not a good risk imo.

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Press play on the chart to see it hit the greenline target, chose not to pursue that target as there were no guarantees but highlighted it nevertheless. Good trade guys. Awesome profit this week :)

Dani0

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Dani0

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