long CL at lower parallel
Cl is at its extreme within this upsloping median set and has made a higher low after reaching the pendulum median line. This offers a very nice long opportunity with a relatively cheap stop.
Target 1: Coil (red box)
Target 2: Expansion topside as projected by expansion downside from the coil.
Target 3: Upper MLH
Target 1: Coil (red box)
Target 2: Expansion topside as projected by expansion downside from the coil.
Target 3: Upper 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.