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CL - It's doing what it has to do

Singkat
Crude Oil Futures (Apr 2017) (NYMEX:CLJ2017)  
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NYMEX:CLJ2017   Crude Oil Futures (Apr 2017)
CL crude short crudeshort FORK
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cl crude short crudeshort fork
Looks like the previous post will become true.
Sitting tight and wait for the Bus to the centerline hehe...

Peace!
Komen:
As things unfold, we see in the daily chart that the U-MLH of the downsloper (blue fork) was respected...looks like to the tick. Just let go crude...

snapshot
Komen:
Lower white MLH broken. Daily Tgt. CL, expecting a PB to the L-MLH for a test/re- test.

snapshot
via www.tradingview.com
Komen:
Closer look - because it's fun.

Price broke out of the L-MLH (blue fork) and did a textbook pullback so far...it's not finished yet. This is a good time to enter or to load up.

I still expect price going further south, fulfilling it's job to go down to the centerline of the big-boy white fork.

P!

snapshot
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