alleytrader

cl, oil, day trading for Jan 28th 2020

TVC:USOIL   CFDs on WTI Crude Oil
Today we have a up move inside a balancing range so will be look at 2 things, 1) a move below the top dashed line for a trade back to bottom dashed line and possibly to the Red zone bottom. If Red bottom break then a move through to 52.
2) is a move above the top of Red zone or a bounce of top dashed line for a run to 55.
3) A consolidation day looking for the longs off bottom and shorts off the top.

Ask me question if you need more info on how to play the different ideas.

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