IamThattrader

Crude Oil Tuesday Forecast

Short
NYMEX:CL1!   Light Crude Oil Futures
I Have in Mind that we will be BEARISH bias mostly this week as we have Tapped into the Premium Daily FVG yesterday and rejected lower.
My two targets shown in the forecast are the arrows.

Daily PDL
Weekly SSL

Now it is important to realise that the market is moving in London and a straight sell into 0830 or 0930est wouldn't be the best move.
Waiting for a retracement and then finding your model to get into the market is what we all strive for and to do couple times a week as intra day traders if the market gives us the opportunity.

Lets see how this plays out !!!
Comment:
Stay bellow the 1hr fvg we just rejected to stay bearish


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.