Lemnos

Top Zone Testing the Channel CL1 Want

NYMEX:CL1!   Light Crude Oil Futures
For me Pivot Point 45.0 and CL1, Motion Channel The Zone Checking. There is resistance at 53.53
In case of exceeding the 53.53 level and makes up to break the channel, the channel can go up to the highest point, "57" Fibonach be up to 0.382% level.

However, my personal opinion; Point to be withdrawn again test the upper channel ( 53.53 touch and down)

Thanks

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