CL is in down channel and its a nice small opportunity to take few ticks on the way down to 53.00 area where it Will test that area again. High volume was traded in that area thats why we can expect to bounce to the upside again, of course with confirmation.
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yep.we got Quite strong 30min bullish candle.expect to re-test 53.40ish area, switching to a 5min or 3min Timeframe for Long entry.lets wait and see
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30min bullish candle closed, now waiting if we can get any pullback to 53,43 area.
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no pullback yet. waiting
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we didnt get any pullback so it was a BE trade unless you managed to grab something up to 10t. To the upside we really got strong move after that 30min reversal candle and no pullback.
till next time
till next time