Futures. Commodities. Chart patterns.

NYMEX:CL1!   Light Crude Oil Futures
Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade.

CL1 Daily. Maybe dealing with a false breakout at the moment here but this is what it looks like to me. Target @47 area which matches up with the target of weekly bear flag/correction. These two targets also align with the dec 18 lows. If we do breakdown, and reach that swing low, probabilities of further downtrend rises.
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