PowerTrades

CL_F breaking outside the micro composite

Long
TVC:USOIL   CFDs on WTI Crude Oil
CL_F poked the areas of 58.70-90 for long , now for a hold above should go on to test 59.4 59.70 areas. failure to hold that alternate scenarios for a test failure and a test of a larger swing down to test 57 areas.
Comment:
Failed to break out just tested a potential target zone near 57.90. overall a dampner. traded in balance 3rd day in a row, 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.