Crude Oil - April Contract - Long Entry at Middle of Rally
If you start from the close of the day when the market had its Lowest High in the decline and look at the midpoint of that rally, it is right here.
I like to buy pullbacks to the mid-point of a big range-expansion move up and that puts us at the entry level here.
Target back to the highs and risk a drop to the 75% pullback level.
Tim
1:25PM EST
I like to buy pullbacks to the mid-point of a big range-expansion move up and that puts us at the entry level here.
Target back to the highs and risk a drop to the 75% pullback level.
Tim
1:25PM EST
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.