descending wedge offers pontential setup

Sep 24, 2016

A break below the prior low, followed by a break back above the wedge is where I see the best R/R.

Oct 1, 2016

Note

this setup has been invalidated. because the setup never had a chance to complete (required a move below 8.41), there was no risk

Oct 8, 2016

Order cancelled

oil broke out of the pattern before the setup was triggered. Opportunities are made up easier than losses.