CL Daily Long Idea. Will support hold
The CL daily time frame has pushed bullish off
the monthly support price point 74.40. The market
pushed bullish above the inner trend line and is
showing signs of a potential bullish trend to form.
There is another level of resistance above the
market at price point 88.31 about +810 ticks
above the market. As long as the market stays
above 74.40. It will be a good idea to turn to the
one hour time frame and look for low prices
in the buy zone.
the monthly support price point 74.40. The market
pushed bullish above the inner trend line and is
showing signs of a potential bullish trend to form.
There is another level of resistance above the
market at price point 88.31 about +810 ticks
above the market. As long as the market stays
above 74.40. It will be a good idea to turn to the
one hour time frame and look for low prices
in the buy zone.