CL - Crude is approaching the Trend Barrier

NYMEX:CL1!   Light Crude Oil Futures
Near the TB, priceaction becomes nervous very often.

So, i would not wonder if price pokes through the TB, even up to the WL (Wanring Line - Dashed Black) and then fall again, even back to the U-MLH (Upper Medianline Parallel) or to the L-MLH.

Interested in Action/Reaction and the Forks?
Here is a very basic course for you - free:
Free Mini Crash Course:

TradingView Blog:
How did u get the trend barrier line(by connecting any ML or any cross lines that line isnt cler how did u draw?
forker thulasi
the trendbarrier is derived a) from context and b) from a further A/R study.
maybe i'l make a followup course sometime. but hey - just work with the forks and you're very much ahead of the crowd.
try not to just throw them all over the place...every point in the chart has it's time and reason as you probably allready know, working with waves.

cheers :)
thulasi forker
Thank You
Man You are a genius. i use wave principal though it is very effective this method can precisely help me at times when i am uncertain about the direction or if i am on the wrong side. Thank You so much
forker thulasi
hey thulasi :)
thnx for the flowers. after 10'000'snd of hours study and work, you will be a genius too ;-)
TB si at 38.80 ? and WL at 39.85 , once it crosses both then bullish .
forker AMBRISH
You have to consider the Timeframe you play.
If WL breached, then you are near the U-MLH, the upper extreme of the smaller upsloping fork....and this would mean, high potential for a pullback to at least the CL.
I allways look for context and the timeframe i play.
Thanks for chart and link for Forks.
forker AMBRISH
YW - Hpe it helps :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out