Double barrel trade. Two targets, one stop. Lock and load...

NYMEX:CL1!   輕原油期貨
119 0
By my analysis, there's a reasonable probability that we make one more move up on CL before the turn back down. The beautiful impulsive wave structure in the last move up, implies we are currently in a corrective leg. The only question is if it's been enough. Both time and price come up short relative to the time and range of the impulse wave up. The invalidation point is close buy, so it's an easy trade to take with a tight stop.

1st target gives a 3-1 risk reward. Second target; just shy of 5 to 1. If you can handle this with multiple contracts, you've got a nice trade plan in front of you. Trade what you see.. bang!
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