IIT-Trader

CRUDEOIL--Head & Shoulders??

Short
IIT-Trader Updated   
MCX:CRUDEOIL1!   Crude Oil Futures
We have a chance of Head and Shoulders pattern.
now price is approching the right shoulder area.
look for short side,when price comes to this area.
on bottom side we have a strong support at 4800 levels.
keep in long side from this support zone.
Comment:
we have a chance of drop base drop
Comment:
Price is now exactly at right shoulder.. Wait for the price reversal. To enter short.

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