If Oil break the 8939 should fall

NYMEX:CL1!   Light Crude Oil Futures
We are in a kind of downtrend (before the triangle that you can see in this chart) that's why I'm more inclined to think that the price have a better chance to break down. As we can see, the RSI start to show more pressure to the down side, and if the price keeps the phantom resistance at actual levels and push down once more, think have a very good chance to break this triangle once for good.
The risk reward ratio allows to place a break even at 84 level just in case the price decide to consolidate instead to get in trend.


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