FXLeaders

Can CL Fill the Gap?

Long
NYMEX:CL1!   Light Crude Oil Futures
CL Futures have opened the week with a 3% gap down around the $68 mark. $68 is also the high volume area. I'm looking for a pullback from the gap, to $69.38 level, which is low volume area.

This won't quite close the gap but it will be a percentage of it. Before retracing back to $68.00.
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.