CL - Price is stretched. High potential for a reversal
Updated
Price is at the Warning Line (WL) and stretched out.
If price really can manage to turn from here, the target would be at least the L-MLH (Lower-Medianline-Parallel).
P!
If price really can manage to turn from here, the target would be at least the L-MLH (Lower-Medianline-Parallel).
P!
Note
Looks like it becomes stable at the WL.Overwatch...
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.