CL - It's doing what it has to do
Looks like the previous post will become true.
Sitting tight and wait for the Bus to the centerline hehe...
Peace!
Sitting tight and wait for the Bus to the centerline hehe...
Peace!
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As things unfold, we see in the daily chart that the U-MLH of the downsloper (blue fork) was respected...looks like to the tick. Just let go crude...
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Lower white MLH broken. Daily Tgt. CL, expecting a PB to the L-MLH for a test/re- test.
via www.tradingview.com
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Closer look - because it's fun.
Price broke out of the L-MLH (blue fork) and did a textbook pullback so far...it's not finished yet. This is a good time to enter or to load up.
I still expect price going further south, fulfilling it's job to go down to the centerline of the big-boy white fork.
P!
Price broke out of the L-MLH (blue fork) and did a textbook pullback so far...it's not finished yet. This is a good time to enter or to load up.
I still expect price going further south, fulfilling it's job to go down to the centerline of the big-boy white fork.
P!