Tijmen_K
Short

CL1! looking for a bearish oppertunnity

NYMEX:CL1!   Light Crude Oil Futures
Good day traders,

Looking to short Crude. After a failed breakout on the 01-28 candle crude now developed a doji at the resistance line of this downtrend.
Looks like CL1!             is not strong enough to break the trend line , the bears are in favor.

good weekend to you al,
Comment: 4H chart update:
Still holding. after 618 retracement oil developed an evening star + an hanging man.
Looking for a target @ the previous lows. It has some fibonacci confluence. (1.272 extension and 1.414 inversion).
Trade closed: target reached
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