PowerTrades

CL_F Trade plan- Range bound Play?

TVC:USOIL   CFDs on WTI Crude Oil
CL_F has seen a lot of volatility, does it cool off now? well we dont know. But here is the plan.
Looking for a range bound rotation and pullback trades within the support and the resistance zones.
Break outside the areas for potential target zones.marked in red and blue ( red - Short term references and Blue Long term references)
Comment:
beautiful rotation from the resistance areas. looking for the support areas to hold thru as a primary scenario, bearish below hold of 58.30 areas

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