Technician
Short

WTI Crude Oil : a short idea with an attractive risk/reward

NYMEX:CLX2013   LIGHT CRUDE OIL FUTURES
260 1 4
Update: Full Target Hit
Profit/loss(pips)= +600

In my view, Oil             is vulnerable to a major breakdown, taper uncertainty, weaker growth in the U.S, a softer tone between Iran and U.S, and Syria calm down, all point to a shift in the ongoing bull trend.
Downside pressure on USD due to government shutdown and debt ceiling debate has delayed this scenario and given oil             some support.

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agree, 2hr bearish crab paints 105.28 target then big dump....
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