JoshuaMartinez

CL Entered into buy zone

Long
NYMEX:CL1!   Light Crude Oil Futures
CL Daily time frame is in a large up trend. The
market has hit the up trend line and is starting
to push bullish. The market has broken the short
term down trend line and has entered into the
buy zone. It is expected CL will push towards
all time high's near price point 147.27 about
+4,988 ticks above the market. It will be a good
idea to turn towards the one hour time frame
and to look for long ideas in the buy zone.
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.