The CL1! looks like a nice sell set up. Looks like an ABC pattern on the daily chart, so looking for a sell set on the 240 is probably a good idea.
With Oil output poised to increase throughout US in 2017, Oil is poised for a down move fundamentally, as well as technically.
Thank you for your support.
Kommentarer
tbuckle
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what price do you think the sell set up might come?
TomProTrader
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@tbuckle, depends on what strategy you use to trade breakouts
tbuckle
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Do you think the pull back for the shorts to re load already came this morning or do you think there will be a further/deeper pull back for shorts to enter?