Can the HOUSE Capitalize LONG ABOVE Ranging EQ Level $69.50?NYMEX: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
