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Tr8dingN3rd

CL - Price is stretched. High potential for a reversal

Long
Light Crude Oil Futures (NYMEX:CL1!)  
Tr8dingN3rd Updated   
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Chart Patterns Technical Indicators CL cllong crude Crude Oil LONG Pitchforks
10
2
trendanalysis chartpattern indicator cl cllong crude crudeoil long pitchfork
Price is at the Warning Line (WL) and stretched out.

If price really can manage to turn from here, the target would be at least the L-MLH (Lower-Medianline-Parallel).

P!
Comment:
Looks like it becomes stable at the WL.
Overwatch...

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