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Zoen_Trieste
Jan 7, 2019 2:01 PM

Shorting The Rising Wedge  Short

Crude Oil Futures (Mar 2019)NYMEX

Description

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.
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