Get started
JoshuaMartinez

CL Monthly time frame bullish, +3,700 ticks

Long
Light Crude Oil Futures (NYMEX:CL1!)  
JoshuaMartinez  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Chart Patterns cl!
23
0
trendanalysis chartpattern cl!
CL Monthly time frame is in a down channel. The market has hit support and hit a down fib extension. I am expecting the market to U-turn bullish and head towards the top of the resistance which is about +3,700 ticks away.

Related Ideas

JoshuaMartinez
CL +800 Tick push above $42.00
JoshuaMartinez
Could 18.99 be the bottom for CL?
JoshuaMartinez
CL is about to hit the monthly down fib extension
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.