CL_F immediate reference is the the zones of 57.80-90 areas.
1. #crude key focus area is the zone of 57.80-90. will look for a test and hold here for a potential test back to 58.30 areas
2. weak for a hold below for a test back to 57.30 areas
1. #crude key focus area is the zone of 57.80-90. will look for a test and hold here for a potential test back to 58.30 areas
2. weak for a hold below for a test back to 57.30 areas
Note
scenario 1 failed, scenario 2 in playNote
57.90-58 areas should be a decent stop for scenario 2 to be valid. 56.85 remains a swing destination potentialNote
57.30s done. next target as above 56.85 remain a potential destinationNote
All done and dusted :)Had to flip the view once the initial zone failed. good point in trading what we see, and being flexible to change and adapt to emerging price action and having the right convictions.
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.
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.