CL_F tested an interesting support zone

1 oct. 2019

CL_F tested an interested support zone at 54.20 areas. this is a good reference and looking for this test to hold. we will look for a bullish view above the 54.90 areas. Below are the scenarios:
1. hold above 54.90 areas, look to test 55.20 and 55.90 areas.
2. fail to hold 54.40 and break below 54.20 areas for a larger inflection towards 53.20 and 52.90 areas

1 oct. 2019

Note

primary scenarios did not trigger above 54.90s, second scenario, short trades on below 54.20s first potential destinations 53.90 areas. major one 53.20s