mamqua

Crude oil strategy for monday 23

NYMEX:CL2!   LIGHT CRUDE OIL FUTURES
57 0 1
Trading range and triangle ascendig are forming but needs to be set up from price action on monday.
My strategy for monday will be simple.
If monday price will go down or 47.40 will be good resistance then 45/45.20 could be tp and still the key value. if 45 will became good support going long could be profittable with tp 47.40 and outside the trading range at tp 50.60.
If price will go immediatly up outside 47.40 then tp 50.60.
Short position from below 45 has tp 44 with exstension outside current trading range to 40.
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