Crude Oil bearish Descending Flag Formation (Nikita FX ) LIGHT CRUDE OIL FUTURES NYMEX:CL1! nikitafx Crude Oil0.00%% looks like having a trial breakout with Pink Flag upper line, however it was rejected with Black Strong Resistance Line. And wave counting is still 4-E. I would say it goes further downside into TP 2:17.02 Nikita FX (http://climbingfx.jugem.jp/ )