Scenarios to develop - CL
Updated
In the last US session the price fall below (break) 65.70, but further decline was stoped with big volume.
Please refer to my previous idea on daily chart. Thus, my prefered scenario is no. 1.
But due to negative market sentiment scenatio no. 2 is highly possible.
Current set-ups planned:
Short entry on break 65.35 with fast breakeven and exit.
Long when reach 70.40 on correction entry at 68.50 with target 72.20
Please refer to my previous idea on daily chart. Thus, my prefered scenario is no. 1.
But due to negative market sentiment scenatio no. 2 is highly possible.
Current set-ups planned:
Short entry on break 65.35 with fast breakeven and exit.
Long when reach 70.40 on correction entry at 68.50 with target 72.20
Trade active
Entry on break of the supportTrade closed: stop reached
Stoped with planned SL. However, new level entry for short trade consider at 67.0Order cancelled
my scenarios is not valid any more. Will look for new opportunities
Related publications
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.