CL is making a corrective move higher before moving down to the ultimate target of last Daily structure leg down. It retraced to Daily bearish Fair Value Gaps (internal range liquidity zones) which should act as resistance. 15M bearish structure is in Extreme premium.
I'm looking for CL to break down bullish corrective structure on 5M chart and start a final move down.
I'm looking for CL to break down bullish corrective structure on 5M chart and start a final move down.
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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.