Crude Oil July Contract - mini reversed cup and handle
Updated
- cup and handle is a low risk high reward pattern
- see if the contract could drop to $12 if support is broken
- but beware if too volatile, stop loss may not proctect!
Note
This contract never closed above EMA20 scine the selloff indicate it is very bearish.Not the time to buy cheap yet.
Order cancelled
Lucky the trade was not triggered. CL has turned to bullish.
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