It's Crude Oil Friday.
Friday's can be a nasty day for Sellers, as lower participation provides the
potential for large reversals.
CL has a habit of dipping into lows ahead of Fridays when in trend (down).
It then has an extraordinary history of reversing and squeezing back up into
resistance.
Good Trading everyone.
Friday's can be a nasty day for Sellers, as lower participation provides the
potential for large reversals.
CL has a habit of dipping into lows ahead of Fridays when in trend (down).
It then has an extraordinary history of reversing and squeezing back up into
resistance.
Good Trading everyone.
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.
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.