Zoen_Trieste

Shorting The Rising Wedge

Short
NYMEX:CLH2019   CRUDE OIL FUTURES (MAR 2019)
Possibly a wedge break here. A good R:R setup that is against the current trend. Lower probability though. The levels are given on the chart. Trade with care.
Comment: If it moves beyond the 1R stop range of $870, higher odds further significant upside
Comment: Further upside expected
Comment: Long risk assumed, the market is at better rate for a fresh short.