TradingView
graham.edwards84
Sep 24, 2016 9:46 AM

Light Crude Idea Short

Crude Oil FuturesNYMEX

Description

Cl1! has formed a very interesting formation and is now tightly wedge bound with a $45 target. My idea is that it will break out of this wedge to a channel down and then move into a similar wedge with a lower target of $35. I would like to believe that it will break higher again with a channel upwards.
More