BEARISH AB=CD ON CRUDE OIL

Reanalyzed CRUDE OIL using larger TF. We can see a clear BEARISH AB=CD. Trade the flag in order to take a short position and trade with care.

Note

Hourly chart

Note

For those who trades with inside bars, we have also a nice second confirmation signal on bottom breakout (of course inside bars must be always traded in direction of the trend)

Trade active

Increased my short position after AB=CD confirmation on breakout

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I'll manually close my short position on rebound on indicated trend line on TDI

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Watch for reverse now

Shizaru

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