tradingconfibos

Ready for Short in CL

Short
NYMEX:CL1!   Light Crude Oil Futures
Hello traders,

The volume indicator tell us everything.

We can identify the Support and Resistences and the indicator also indicate us the directions. Green line represent the LONG volume and the red line represent the SHORT volume . Meantime the dominance of the LONG volume is greater than the SHORT volume . why get out of the market?


The indicadtor says short, both of them, the fastt indicator and slow indicator. About the support, very clear with the fibonacci retracement of the previous long trend.

First target to fibonacci 61,8%.

Have a good day

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