CL - Crude at resistance

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.


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Again, appears to be a bullseye accurate interpretation!

Yes - looks good so far.
Let's see if price reaches the L-MLH.

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