US 30 Short Idea, if we do not break the previous day high we can look for a peak formation back down to monthly level today.

If we break we wait we can have a possible range expansion. we must visit the idea of a range expansion which is only 200 Pips higher.
We need it to go up 200 to collapse 300, if up trend only 50 Pips session trade because it is a range expansion. 150 Pips total if not caught at beggning, drop could be first day.
Beyond Technical AnalysisHarmonic PatternsTechnical Indicators

Penafian