Get started
Zoen_Trieste

Daily CLQ0: A Potential Positional Long

Long
Crude Oil Futures (Aug 2020) (NYMEX:CLQ2020)  
Zoen_Trieste Updated   
NYMEX:CLQ2020   Crude Oil Futures (Aug 2020)
Supply and Demand Pivot Points Gann Box gannangles Oil oilong wticrude oiltrading oilprice oilforecast pivotsupport
11
0
supplyanddemand pivotpoints gannbox gannangles oil oilong wticrude oiltrading oilprice oilforecast pivotsupport
The fear is out and folks are running for an exit; the reduction of short risk exposure in progress. Best time to look for long entries. However, watch for the transitioning of lower timeframes into bullish or sideways formations for potential long-term buy entries with reduced risk. A 1R return of $2K per contract is the minimum expected return here with a potential for 5R before this contract expiry.
Comment:
Looking for failure tests below the 5050 mark. Too early it seems to enter long here. Patience is key.
Trade active
Comment:
1.5R return here
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.