Light Crude Oil Futures

Short

Light Crude Oil - SELL @ 67.27

Updated

Oil making series of Lower High and Lower Lows.
According to AB=CD pattern with;
TP1=62
Cup & Handle pattern also visible with;
TP2=58

SL: 68.65 (marginally above 0.382 Fib level.

Note

Stop loss was hit.
Re-took SELL @ 68.31 with SL at last HL.

Trade closed manually

Booked profit @ 66.30

Note

Opened new SELL position @ 67.27

Trade closed: target reached

@ 62.05

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