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Anasios78

CL is still in a bullish move. A reversal could take place..

Short
Light Crude Oil Futures (NYMEX:CL1!)  
Anasios78  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
CL1!

The 4h analysis shows that CL is still in a bullish rectangle. A quick bearish move could be expected to achieve the support of 88 before taking off and then a reversal would be expected to go to 94.

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