NYMEX:CL1!   Light Crude Oil Futures
100 0 3
As we remain above the dragon's head, long positions remain intact. Good time to take some profits and let the pattern provide the next entry. Short term retest of the dragon's head at 49.50 then back to $52 is in play. Retracement could be as deep as $46, so stay alert. A break above the downward Andrews (red line) is a long trigger with clear stop limits. Long term target is the upward Andrews at $58 (green line). Good trading!
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