Trapping the short chasers at CME open, I suspect a long is due since we ploughed throug resistance october 25-28, now its ready to punch through.
This is catching the 480 timeframe retracement of that.
This is just the entry, at the moment I think this could be the low for a while so that's why I post it. Aiming for 59.50, that makes this a 1:15 trade.
Let's not make this one count for street credit, only if I get it right. And we'll have fun if I'm right. If I'm totally wrong too bad I can't delete it. Again, this one is just for fun. But truely based on an idea I have.