Crude Oil Short Trading Strategy based on Harmonic Pattern

The Alternate AB=CD Pattern

AB leg : lower price 61.74 - 85.41c
CD leg: 62.43 - 91.83 = 1.27AB


The Bearish Crab Pattern( W-type formation , XABCD )

X: 79.23 the starting point of The Crab Pattern

A: 62.43

B: The mid-point B @ 73.35, 0.618 retracement of XA leg.

C: 0.618 retracement of AB leg

D: 3.618 BC projection @ 92.49