CL1! - Crude Oil Chart to the video

Here's the video for the chart:

Let's observe it and see how it plays out.

#learntoearn

Note

There we have it.
Up to the center of the "sine-wave".

Don't let go, observe what happens and maybe we can find a short.

Note

The current flow is up.
But the center of the Sine-Wave is broken.

This is the time where I dig deeper on the smaller time-frames to stalk a potential short entry, keeping in mind that the current flow is still upwards.

Note

Isn't it nice when a plan works out?

Price seems to follow exactly the playbook of the prior analysis.

#stakeandlobster

Note

So the 0 to 5 count started new.
The bounce and now down to Pivot Count 3

Tr8dingN3rd

Related publications

CL1! - How I approach my analysis

by Tr8dingN3rd

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.