NYMEX:CL1!   Light Crude Oil Futures

levels marked on chart are to be used for trading, as it is in downtrend it wont be good idea to tread long for big targets.

Curves support to be used like channel entry and exit, once price crosses the curve exit the position.
Trade only if Momentum change indication is on charts.
As we can see on the chart we are at time trend change line. We can expect trend change from tomorrow, one can use demand and supply zones to trade.
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nice price reaction around our marked area.. need to see followup too.
+1 Reply
Dude, it's looks my horoscope!
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