NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
93 1 1
I see this latest Monthly candle as being a good sign of new Bullish sentiment coming into a Support/Technical area.
I would be going long above the high of the Monthly Pin Bar but my entry would be on a lower time frame.
Would be good to see the price of Oil             above 80 towards 90
jangseohee
a year ago
it does look like a Monthly hammer! though we shall wait for 31 Aug to confirm
the opening price of the daily, weekly and monthly relative to this hammer would be a gauge of bull strength, however, i do see some retracement first in smaller tF before it goes up again and target will be first subjected to how price react at the blue downtrend line
snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out