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Crude Oil bearish Descending Flag Formation (Nikita FX )

Short
Light Crude Oil Futures (NYMEX:CL1!)  
nikitafx  
NYMEX:CL1!   Light Crude Oil Futures
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Crude Oil looks like having a trial breakout with Pink Flag upper line, however it
was rejected with Black Strong Resistance Line. And wave counting is still 4-E.

I would say it goes further downside into TP 2:17.02

Nikita FX (climbingfx.jugem.jp/ )
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