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Tr8dingN3rd
Feb 26, 2018 9:01 AM

CL - Crude at resistance 做空

Crude Oil FuturesNYMEX

描述

Crude arrived at the resistance level, where price broke down 2018-02-07.

We know that if price is missing the L-MLH, we have a Hagopian cooking according to the ForkTrading BLUEPRINT rules.

If this is the case, then a move below the yellow circled low point is very possible, ending this Pendulum up-swing on a higher timescale basis.

P!

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评论
Bo
Again, appears to be a bullseye accurate interpretation!
Tr8dingN3rd
@Bo,

Yes - looks good so far.
Let's see if price reaches the L-MLH.

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Have a happy day
Emilio
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