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How To Trade Crude Oil

As per 60 min chart of crude oil it is making Head & shoulder pattern this types of patterns are known as reversal patterns and it is now ready to retest its neckline after breakout trader can take short positions in crude on rise around $98-98.50 by keeping a tight stop loss around $99.30 zones and 92-90 area is expected support zone for crude oil it can taste that level to complete this pattern. On mcx trader can go short around 4480-4500 zones with a stop loss above 4560 and fall expected till 4100-3900 zones 

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