MCL1! '2025 For a Gr8ter Reward, we must go to the Valley to CONQUER.' -500KTrey
Here on OIL we have been caught in the Range from low $66.25 to high $72.75 and EQ Level $69.50.
As we can see clearly to the left that the Daily Demand Zone has held from late Sept til now however sellers are very heavily present @ $70.00 Per Barrel N Higher making it Premium Pricing to Sell... However Could we get a break N a 1Hr Candle closure above EQ Level $69.50 and possibly above MKL $70.00 Per Barrel? If so I may be interested in GOING LONG from a LTF Entry Confirmation, if we get the break N candle closure above EQ Level on the 1Hr TF I will be interested in entering the Market LONG N making my target the 4Hr HIGH $71.50... remember nothing in the market is set in STONE we play the long term game of probability...
Our Profession is to manage the downside costs of printing HIGHSIDE Returns of $$$ consistently... Lets focus on risking the Highest Probable Set-Ups during NY ONLY!!!
#BHM500K
https://www.tradingview.com/x/jV2B72Fu/
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https://www.tradingview.com/x/KuMUDcuc/
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Trade closed: stop reached
-Real Members , Real Motion. #500K
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-Real Members , Real Motion. #500K
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.