USOIL CL_F testing immediate reference areas

11 Sep 2019

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

11 Sep 2019

Catatan

scenario 1 failed, scenario 2 in play

11 Sep 2019

Catatan

57.90-58 areas should be a decent stop for scenario 2 to be valid. 56.85 remains a swing destination potential

11 Sep 2019

Catatan

57.30s done. next target as above 56.85 remain a potential destination

11 Sep 2019

Catatan

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.