Reaction levels in crude (where to look for trades)
The 3 inefficient runs (yellow) should be filled sooner or later.
Price should stumble at one of the levels I marked.
Price broke out from liquidity base but where its true or fake breakout its hard to say, most likely fake, as we see a divergence on oscillators.
Price should stumble at one of the levels I marked.
Price broke out from liquidity base but where its true or fake breakout its hard to say, most likely fake, as we see a divergence on oscillators.
Commentaire:
Price hits point of release at 46.34 with immediate reaction. From this liquidity level we saw a massive push to the downside in March. Expect major reaction here.