CL - Crude pulled back to L-MLH. Ready to fall?
Updated
Crude is in correction mode.
It's beautiful trading within the Pullback-Fork and has broken the L-MLH of the smaller blue PB-Fork.
The actual pullback to it is textbook like...which I like! ;-)
P!
It's beautiful trading within the Pullback-Fork and has broken the L-MLH of the smaller blue PB-Fork.
The actual pullback to it is textbook like...which I like! ;-)
P!
Note
BTW - If the main chart is confusing, try this one :)Note
drrrropppingggg hehe...Note
...still some more to go, but in the nearer Fork/Swing, the L-MLH was reached.Trade closed: target reached
Here we are, at the sliding parallel of the weekly.This is a good place for take profit, although I no that "Greed is good" ;-)
Let's see if we have a re- entry on a test/retest at the L-MLH:
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.