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Daily CLQ0: A Potential Positional Long

Long
Crude Oil Futures (Aug 2020) (NYMEX:CLQ2020)  
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NYMEX:CLQ2020   Crude Oil Futures (Aug 2020)
Supply and Demand Pivot Points Gann Box gannangles Oil oilong wticrude oiltrading oilprice oilforecast pivotsupport
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supplyanddemand pivotpoints gannbox gannangles oil oilong wticrude oiltrading oilprice oilforecast pivotsupport
The fear is out and folks are running for an exit; the reduction of short risk exposure in progress. Best time to look for long entries. However, watch for the transitioning of lower timeframes into bullish or sideways formations for potential long-term buy entries with reduced risk. A 1R return of $2K per contract is the minimum expected return here with a potential for 5R before this contract expiry.
Commentaire:
Looking for failure tests below the 5050 mark. Too early it seems to enter long here. Patience is key.
Transaction en cours
Commentaire:
1.5R return here
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