Canadian National Resources (CNQ) ... In Deep Crab territory

CNQ on the TSX would be a likely sale candidate if oil rolls over.

Recent price action has traced out a Deep Crab Harmonic Pattern.

While Deep Crabs are quite reliable, Point D often extends past 1.618 to the 1.92 area.

So watch this with an eye to take advantage of price exhaustion.

I have added a WTI overlay in CAD for reference.

Not investment advice. Do your own due diligence.

S.