Crude Oil - Medium term outlook / Getting ready to buy
CL is currently in a strong, so far corrective, swing, that I am looking to short on pullbacks until the mentioned area.
Once that area hits, the idea is to buy and stay in until $59.00.
Positions:
Short / Long scalps until the 48.00 - 48.60 zone hits.
Main goal
Long $48.50
SL - $46.50
TP - $59.00
Best of luck,
Nick
Once that area hits, the idea is to buy and stay in until $59.00.
Positions:
Short / Long scalps until the 48.00 - 48.60 zone hits.
Main goal
Long $48.50
SL - $46.50
TP - $59.00
Best of luck,
Nick
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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.