Tr8dingN3rd

CL - Crude at resistance

Short
NYMEX:CL1!   Light Crude Oil Futures
Crude arrived at the resistance level, where price broke down 2018-02-07.

We know that if price is missing the L-MLH, we have a Hagopian cooking according to the ForkTrading BLUEPRINT rules.

If this is the case, then a move below the yellow circled low point is very possible, ending this Pendulum up-swing on a higher timescale basis.

P!

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