CL - Crude reached it's balance - what now?
Updated
As we see, price reached the Centerline, which is Rule Nr. 1 on ForkTrading: "Price reach the Centerline over 80% of time".
OK, but what now?
Energies move from balance to extremes.
This means, that price will either drop to the L-MLH, or trade through the Centerline and towards the U-MLH.
Since we don't know what will go on from here, how about to take both sides?
Wait...trading Long AND Short?
Jep!
Follow me on my trading blog (see footer) and see how I'l will plan this.
P!
OK, but what now?
Energies move from balance to extremes.
This means, that price will either drop to the L-MLH, or trade through the Centerline and towards the U-MLH.
Since we don't know what will go on from here, how about to take both sides?
Wait...trading Long AND Short?
Jep!
Follow me on my trading blog (see footer) and see how I'l will plan this.
P!
Note
Ooooon the way.
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.