USOIL alternative trading setup (2016-08-09)

NYMEX:CL1!   Light Crude Oil Futures
Let the price action decide which setup I will be in.

Good luck!
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Trade closed manually
Comment: Decline channel was broken.
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So it's a bull or bear? At what level you think it will top?
+1 Reply
zhipengcfel showerreport
It is bull. But it needs to break the previous triple top to confirm. I am waiting for the pull back to join the bull or join the bull after it breaks the triple top.
showerreport zhipengcfel
45 something and then 47 something?
+1 Reply
zhipengcfel showerreport
If it can break 43.4, it can quickly go to 44.5 and then 46.
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