Crude Oil CL 1hr TCT, Fib Inversion, & Cypher

Well its been no surprise that CL has been in a bear trend for quite some time. We will continue to keep selling the rallies. I just missed my fill on this trade. Maybe it will come back up for me.. We will see. The TCT was based on the 78.6% fib retracement and Fib Inversion Trade which completes at the 1.618% ext. The pullback also put in a harmonic move (not shown on chart).

Entries, Stops, and Targets are all shown on chart.

The Cypher Pattern i'm not worried about right now because its a long ways away and we could re-visit previous lows and still have the Cypher Pattern Valid.

ออเดอร์ถูกยกเลิก:

Congrats on the guys that caught this TCT. Orders are cancelled and will look to sell the next rally.