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smwajeeh

CL Chart Idea - 3/27/2024 - Bearish for next few days/week

Short
Light Crude Oil Futures (NYMEX:CL1!)  
smwajeeh Updated   
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Fibonacci Support and Resistance oiltrading oilforecast Oil shorttrade shortsetup futurestrading futures oilshort
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trendanalysis fibonacci supportandresistance oiltrading oilforecast oil shorttrade shortsetup futurestrading futures oilshort
Oil Chart Idea - 3-27-2024

Bearish for next few days/week

IMO, It should retest the 0.382 (81.44 to 81.62) region and then goes back down to get liquidity from golden pocket (79.97 to 79.68).
Comment:
Trade invalidated as it has pivoted towards bullish momemtum.
Trade closed: stop reached

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