Fxprotrader
Short

CrudeOIL: Bearish Cypher Pattern Completion

FX:USOIL   Crude Oil (WTI)
In my previous post on crude oil             i described a potential buy setup which never triggered with price still being in a correction. Looking now at the hourly chart we may see that price having reached a parallel of a median line set has completed a bearish cypher pattern which is a good opportunity. Sl and tp as shown at the chart. If price reaches the first target we may move sl at breakeven for a second risk free trade.
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