> Very strong momentum higher
>> Past two weeks have had 9/10 green days
> Previous weekly value area: 57.75 - 58.75 w/ POC at 58.33
> Friday built a HVN above the weekly value area between 59.30 - 59.82.
>> buying the lower end of this area early in the week could offer good r:r if the market doesn't get any real pullback.
> If we do get a pullback, it will be...
Uptrend. Waiting for it to come down a bit. Usinig the last leg as a target projection but volume will drive that.
Looking for entries with the trend as usual. Looking to try out some competitions and other interesting opportunities in trading and future is on the menu... and man it looks like they just want to give it away.
Hitting some stopping volume. Waiing for double bottom or another move down to the next support.
The lower the better.
Take a look at the accumulation range during the last cycle. See where they bought?
Have they sold out of those positions yet? or are they looking to re-accumulate?
Great to be with you again :) I just wanted to share with you my idea about CLtoday as i am seeing a great buy potential signal. As you can see, i am on a live trade and making my profit at where my sell limit is.
Good luck everyone!
This analysis makes use of the Gann Box tool; however, only certain lines are highlighted. The bars pattern is mirrored to show the potential for symmetry here; a beautiful tendency of markets and nature in general. Looking for higher targets from here.