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CLV2016

Target for current downswing and nice long entry at 44.95 ish Eia extended the upswing but gravity prevailed. Now we seem to be headed to the intersection median downsloper and MLH upsloper. I will certainly contemplate longs there with median upsloper as first target and MLH upsloper as second target. Please note my bigger stop for the second target. Trade well and prosper :)
NYMEX:CLV2016Long
by copydrbij
Updated
Median high probability target, currently @ 49.20In my last chart I pointed out a point of interest and possible long entry. It seems price has indeed bounced and is now headed north. The median on this hourly chart is a high probability target for me now.
NYMEX:CLV2016Long
by copydrbij
Point of interest and possible long entryTechnically we are still in an uptrend but candles this big are hard to ignore. It looks like the deliberate august run up just turned into a massacre. However i have found an interesting area to watch for possible long entry, or at least for a bump to re enter short.
NYMEX:CLV2016
by copydrbij

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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