Crude has been trading profitably for us recently by combining our analysis and strategy. We see a short opportunity now emerging. Check out the chart and a short trade can be taken around 113.00 level. A sensible stop level should be placed just above the recent high at 116.120 level. Risk maximum 1% of your underlying capital.
Trade closed manually:
With prices supporting at the important 200 day ema level we have closed and taken our profits.