ThaiTrader

Retest bounce at support

NYMEX:CL1!   Light Crude Oil Futures
Price re-approaching 34.23.

Idea: wait for a fake breakout to the downside and when price reverses back up, enter long.

Avoid: Early entry. Wait for confirmed rejection!

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.