Buy CL(Crude Oil) in Short Term
Updated
Technical Analysis:
- As you can see in the chart, the medium term correction is finished in the wave II in red. Now we expect that CL(Crude Oil) goes up at least in 3 waves to around $105
- H1 & H4 Right Side are Up
- CL seems strong in short term
Technical Information:
- We like to buy CL in wave (2) in blue around $77 as hedging
- As you can see in the chart, the medium term correction is finished in the wave II in red. Now we expect that CL(Crude Oil) goes up at least in 3 waves to around $105
- H1 & H4 Right Side are Up
- CL seems strong in short term
Technical Information:
- We like to buy CL in wave (2) in blue around $77 as hedging
Trade active
Technical Analysis:
*********** OUR LAST DAILY CHART IS CONSISTENT WITH THE NEW CHART ***********
- As you can see in the chart, CL is finishing wave 1 in red. Swing trader must wait for wave 2 in red to be completed in order to buy
- Position trader must wait for wave II in red to buy at around 550~52
- H1 & H4 Right Side are Turning Up
- CL continues to seem strong in short term
Technical Information:
- Don't sell CL in short and medium term
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.