[LONG] Inverted Head and Shoulders Bottom forming in WTI CRUDE!!

NYMEX:CL1!   Light Crude Oil Futures
The wicks that have appeared on previous reversal points has shown itself again (Blue box).

For this plan to work, we must close above $45 this friday.
haha, finally you come to term with the wick!!
+2 Reply
moorekapital jangseohee
I love wicks within CONTEXT. Wicks means rejection. Question is, what is it rejecting....??? One must have KEY ZONES already marked, lest we chase after every wick, which is another strategy altogether ;)
+1 Reply
jangseohee moorekapital
yes correct, not every wick is tradable.. it must be combined with S/R zone or channel top/bottom with ema to have higher odds ^_^
+2 Reply
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