JoshuaMartinez

CL +400 Ticks Bullish on Daily

Long
NYMEX:CL1!   Light Crude Oil Futures
The CL one hour time frame was in an up channel .
The market has broken above the top of the
channel. It will be a good idea to look for low
prices above the top of the channel.

Entry: A closed candlestick above a counter trend
line break bullish above the top of the channel.

STOP: 73.88

LIMIT: 82.69

As long as the market stays above the top of the
channel. It will be a good idea to turn to the five
minute time frame and to look for tunnel trader
long / destination trader long opportunities
towards the daily up Fibonacci price point 82.69