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