Upside vs Downside interchangeably for short or long risk exposure at current flat front CL1! price.
The IV stands at 73%, which is more conservative than the highlighted risk profile. Not a tradable setup; just for reference timeframes when looking for a bias.
The median line, from which the % change is measured, is derived by using the Inside Pitchfork tool;...
price is beginning to gain bearish momentum . no rejection with daily close .. may gap up if it does or i start to see price break my reference areas on this chart will solidify shorts for me for a couple hundred pips potentially especially with GBP strength gaining as well