jangseohee

CL1!, reaching for 38-39?

NYMEX:CL1!   Light Crude Oil Futures
25 days ago, i thought i saw a F flag which is supposed to be bullish if it broke up. But it failed actually
For the moment i am seeing a break down of a symmetrical triangle

A % projection of next target lands at 39.36 while a price projection of next target lands at 38.22
which when you look left in historical price, can be traced back to around 38-39

Fingers crossed :-)

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