MrVolcano

Crude - Looking bearish after recent gains (corrected)

Short
MrVolcano Updated   
NYMEX:CL1!   Light Crude Oil Futures
1
Price has reached channel resistance and is showing several signs that it could reverse from here.

  • A doji (indecision)
    A gap up
    Horizontal resistance between 49-50

Wait for price to break below support before entering short.
Order cancelled:
Trade invalidated
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