CL1! - Crude oil futures reached Level2
Updated
Pull Up condition :
1) CL1! candlestick has come to Level-2 of Raising Stage (point E), beware of retracement or it may go further to Level-3
2) FundFlow+ indicator - smart money still flowing in positively
3) Tricol+ indicator - Banker's sentiment remain above 75% in the last 4 trading days, Trapped fund (turquoise) has gone
Support & Resistance:
S : 83.62 (-0.24%)
Remark:
- length of AB = CD = DE = EF
Disclaimer:
Analysis above solely for case study purpose and should not be construed as investment advice or recommendations to buy or sell any security.. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
1) CL1! candlestick has come to Level-2 of Raising Stage (point E), beware of retracement or it may go further to Level-3
2) FundFlow+ indicator - smart money still flowing in positively
3) Tricol+ indicator - Banker's sentiment remain above 75% in the last 4 trading days, Trapped fund (turquoise) has gone
Support & Resistance:
S : 83.62 (-0.24%)
Remark:
- length of AB = CD = DE = EF
Disclaimer:
Analysis above solely for case study purpose and should not be construed as investment advice or recommendations to buy or sell any security.. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Note
- CL1! has BO Level-3 (89.23) on 3rd Feb, 2022- Heading to Level-4 at 94.84 (not drawn on chart), half way to go
DISCLAIMER:
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Note
Update on light crude oil futures
Disclaimer
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