CL2! WTI Wedge wobble then Long
Ok my got hit and we are sitting on major support. Take Short profit now. This price action is now taking on a developing appearance.
I believe price will wobble here for a few days then break to the up side.
Take a Long position if the Red indicator line gets above 40 then rolls over. Ideally wait for a second lower peak and then a move down for entry - similar to a divergence.
Also watch the Histogram for higher trough bars. I will update with price targets over the week end.
I will also provide my view on possible down side breaks indicating $60 is the new target.
Thank you for support and interest in my views.
... just my 2c worth