copydrbij
Long

Target for current downswing and nice long entry at 44.95 ish

NYMEX:CLV2016   LIGHT CRUDE OIL FUTURES
Eia             extended the upswing but gravity             prevailed.
Now we seem to be headed to the intersection
median downsloper and MLH upsloper.

I will certainly contemplate longs there with
median upsloper as first target and
MLH upsloper as second target.

Please note my bigger stop for the second target.

Trade well and prosper :)
Comment: we dropped 20 pips further than i thought but are on track for the first target
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