Short in CL, if 4h close below 80
The COT Index provided a Sell Signal in the last weeks and bearish seasonality in 6 years and 9 years average. Bearish trend reversal confirmed with close of candle below support level (now resistane) on 3.11.2023:
1d and 4h show strong bearish reversal areas according to marketstructure. A 4h close will give a great oppertunity for short trade w take profit just above next strong suppot key level.
RR 1:1.5
Make your own decisions.
1d and 4h show strong bearish reversal areas according to marketstructure. A 4h close will give a great oppertunity for short trade w take profit just above next strong suppot key level.
RR 1:1.5
Make your own decisions.
Note
Trade closed: target reached
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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.