HI All, This is my first post in TradingView. A complete hypothetical view from my side. Here is my 4hr TF chart with possible Cypher Pattern. I am expecting this current upside of crude will last till $4940 to $49.90. And it would fall back(retrace) to $44.3 to $44.80 zone. We could it for short position too with $51.5 but it would be a bit risky. Obviously it...
If the current daily candle hold below the trendline shown in the chart..the downside target could be huge
Beautiful setup for shorting ..valid until it breaks the $50 mark with high volume
Shorting opportunity for NG!