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Clq2016long

possible ABC stuctureYes i did see the big drop after eia, what i did not see however is a new low. I also noticed we got stopped by the upsloper's MLH. This i why i went long for C. I will of course monitor and lock in profit whenever i can because crude... is crude :)
NYMEX:CLQ2016Long
by copydrbij
Updated
Long for medianNo follow through on drop, even after retesting broken TL from the back resulted in squeezed swings, that left the downsloping median set without reaching it's median. Now the last of the swings got zoomed and is currently being retested. A long postion shooting for the median seems like a good idea to me here. Sl underneath last swing.
NYMEX:CLQ2016
by copydrbij
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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