This days price of CL1! is moving towards daily Supply, after reaction from Daily Demand zone.
Based on longterm trend of CL I'am thinking about rejection from daily supply and moving towards Weekly Demand zone (as you can see White Path).
But of course, there is a chance of Changing Character (Invalidation of daily Supply), retrace towards new created Daily Demand zone, and claiming liquidity higher.
Based on longterm trend of CL I'am thinking about rejection from daily supply and moving towards Weekly Demand zone (as you can see White Path).
But of course, there is a chance of Changing Character (Invalidation of daily Supply), retrace towards new created Daily Demand zone, and claiming liquidity higher.
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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.