Crude Oil July Contract - mini reversed cup and handle

Apr 29, 2020

• 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!
  

Apr 29, 2020

Note

This contract never closed above EMA20 scine the selloff indicate it is very bearish.
Not the time to buy cheap yet.

Apr 30, 2020

Order cancelled

Lucky the trade was not triggered. CL has turned to bullish.