CL1! - Crude Oil Chart to the video

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Here's the video for the chart:



Let's observe it and see how it plays out.

#learntoearn
Note
There we have it.
Up to the center of the "sine-wave".

Don't let go, observe what happens and maybe we can find a short.
Note
The current flow is up.
But the center of the Sine-Wave is broken.

This is the time where I dig deeper on the smaller time-frames to stalk a potential short entry, keeping in mind that the current flow is still upwards.

snapshot
Note
Isn't it nice when a plan works out?

Price seems to follow exactly the playbook of the prior analysis.

snapshot

#stakeandlobster
Note
So the 0 to 5 count started new.
The bounce and now down to Pivot Count 3

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Andrew's PitchforkChart PatternsCrude Oil Futures WTI (CL1!)crudeCrude OilTechnical IndicatorslearntoearnTrend Analysis

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