CL - Crude on a very longterm view.
Updated
The blue centerline was respected very good.
The white U-MLH is not bad too.
There is a high chance that price will meet the centerline...hoooly...how about below 25, or even 20?
Looks totally crazy, yes, to me too ;-)
But hey, we follow the path of price & forks.
We act upon what we see, not what we wish to see...veeery hard sometimes hehe...
Put context around it - it makes charts & price action more clear.
P!
The white U-MLH is not bad too.
There is a high chance that price will meet the centerline...hoooly...how about below 25, or even 20?
Looks totally crazy, yes, to me too ;-)
But hey, we follow the path of price & forks.
We act upon what we see, not what we wish to see...veeery hard sometimes hehe...
Put context around it - it makes charts & price action more clear.
P!
Comment
There it started to tank.This time, CL could reach a level below 25 on this LT basis.
Keeping a eye on it.
P!
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.