Repuzel
Short

Bear flag / OIL

NYMEX:CL1!   Light Crude Oil Futures
Bear flag on the daily, 50$ target
Trade active: Still within the flag

https://invst.ly/bedpc
Comment: totally
Comment: CL is taking its time, but we're still within the flag range...any moment now...
Comment: https://invst.ly/bhe9-

we broke the flag line, at least $54 in the making, $50 behind the corner as well.
Comment: $54 possible consolidation area before we continue towards $50 next week.
Comment: $54 consolidation area is now being broken downward, so $50,15 can now be reached in the next down move.
Comment: Target almost reached, may close the position around $50.40
Trade closed: target reached: This will continue its down trend in the long term, but it fell enough in one day (>5%), and the target is 95% reached.
Comment: $53.80 is where the daily resistance sits. Could be a good point to re-enter the short position there.
Comment: at the top of the channel https://invst.ly/btmfq
$53.80 is where the daily resistance sits. Could be a good point to re-enter the short position there.
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