mdhaamu
Long

Crude Inverse H&S.

NYMEX:CL1!   Light Crude Oil Futures
145 1 9
Crude is on the verge of breaking the trend line resistance, if break out happen we shall go for target levels mentioned in chart.
Comment: Fail to cross the resistance
Comment: Another pattern view on Crude. However it is immaterial without breakout.

Trade active: Big break out
Trade active
Comment: H&S was invalid in this case. Watch below chart, it has made cup and handle. Another break out required. If we get break out it shall make big up moves.

Comment: It may do again. Looking for strength
Comment: Finally it moves will wait for closing
Trade closed: target reached
Congrats.
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