nijat.namazov

Wait for a Signal

Short
NYMEX:CL1!   Light Crude Oil Futures
Recent downtrend in crude oil probably will countinue following months. It could not break the R1 level (0.63 level) and with the high chance it will get down to S2 level (lowest level in 2009) (strong support level in 0.76). Which will end up seeing perfect Gartley in R2.
You can trade with the structure levels or you can wait for R2

Good luck
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