quin2k

SmartLevels - Intraday Levels for Crude Oil

NYMEX:CL1!   Light Crude Oil Futures
Expecting some consolidation in today's intraday price action with a slight upside bias for today.

Expected levels for "bounce" or counter-trend trades are as shown in the chart.
Shorts from 47.60 & 48.40 if reached.
Long from 45.90 region.

Use 15 tick Stops and 45 tick Targets.

We can only anticipate price action and use simple money-management to control the outcome!

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.