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Long

Double Bottom + H&S = Long???

NYMEX:CL1!   Light Crude Oil Futures
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1435 5
46.5$ is THE level to watch!
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Kommentar: oil is really hard to trade at the moment....stay cool - keep on watching
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Kommentar: we are here:
Kommentar: ..this seems to be quite easy.....let`s see ;-)
Kommentar: ok
Kommentar: Reached min TP H&S and tested again the downtrendchannel...
Kommentar: bo?
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Kommentar: early bird:
normal entry:
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Kommentar: nearly reached tp
Kommentar: reached tp, perhaps a new long could be openen..
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Kommentar: nearl reached Action Point
I think , Oil try to cover the gap @ 47.80
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but we also need November RBOB to hold and close above 1.4223 and then we will rally.
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I also think so too Mary Jane.
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now
what you think
thank you
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Do you think the sell off at the Pit close was just a pull back and the long is still valid? What's the lowest we could go and keep the long theory in tact?
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