CL - Crude at resistance
Crude arrived at the resistance level, where price broke down 2018-02-07.
We know that if price is missing the L-MLH, we have a Hagopian cooking according to the ForkTrading BLUEPRINT rules.
If this is the case, then a move below the yellow circled low point is very possible, ending this Pendulum up-swing on a higher timescale basis.
P!
Don't miss your Free ForkTrading BLUEPRINT Course. See footer in this post.
We know that if price is missing the L-MLH, we have a Hagopian cooking according to the ForkTrading BLUEPRINT rules.
If this is the case, then a move below the yellow circled low point is very possible, ending this Pendulum up-swing on a higher timescale basis.
P!
Don't miss your Free ForkTrading BLUEPRINT Course. See footer in this post.
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.