CL1! (CRUDE OIL) ... BULLISH

Bullish.
After forming a new peak high,
price retraced to the +FVG.
Friday's "news wick" tapped the
-FVG above and quick returned
the +FVG. Should the +FVG hold,
expecting price to move toward
the highs, as price moves from
Internal -> External liquidity.

The LRLR to the lower left is a
draw on LQ that bears watching.

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Commentaire:

Trade fermée: cible de profit atteinte:

ERL->IRL complete.
Now... IRL -> ERl (those relative equal lows).
Then back up to the wick.
Keep your eye on it.

Commentaire:

Price created the Swing Low, and headed back to the -FVG.
I believe it is likely the wick gets filled as price heads to the ERL target... the highs.
The lows to the left can wait.

Commentaire:

May get the bounce off of the Unicorn (FVG+BB)

Commentaire:

Patience pays