Cl is at its extreme within this upsloping median set and has made a higher low after reaching the pendulum median line. This offers a very nice long opportunity with a relatively cheap stop.
Target 1: Coil (red box)
Target 2: Expansion topside as projected by expansion downside from the coil.
So looking at this new with actual price history, it took the downward slope and around may 24th it actually went about the upper MLH line but could not hold pricing and went all the way back down to $42 around June 22nd, which is near the lower MLH line for your downward slope. Is that correct?