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Niftymovers

Crude Oil near "D" zone of AB=CD pattern.

Light Crude Oil Futures (NYMEX:CL1!)  
Niftymovers  
NYMEX:CL1!   Light Crude Oil Futures
Fibonacci AB=CD Crude Oil Crude Oil Futures WTI (CL1!) cl_f
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fibonacci abcdpattern crudeoil cl1! cl_f
CL1! CL Near "D" zone of AB=CD pattern. 161.8% Extension of Fibonacci is @ $ 55+. Watching price action closely for any short trade. Next resistance (If breaks this level) @ $58. First immediate target would be $ 50 (i.e "B" level), If price action says to short.
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