The CL daily time frame is near a low price
hitting the long term up trend line. If support
holds. It is expected the market will push bullish
above the short term down trend line entering
into the buy zone. Once or if the market breaks
and closes above the short term down trend line
and enters into the buy zone. I twill be a good idea
to apply up Fibonacci to find the next bullish
Fibonacci price target then turn to the one hour
time frame to look for low prices in the buy
zone. Until then. It is better to be out of the
market wishing to be in than to be in the
market wishing to be out.
hitting the long term up trend line. If support
holds. It is expected the market will push bullish
above the short term down trend line entering
into the buy zone. Once or if the market breaks
and closes above the short term down trend line
and enters into the buy zone. I twill be a good idea
to apply up Fibonacci to find the next bullish
Fibonacci price target then turn to the one hour
time frame to look for low prices in the buy
zone. Until then. It is better to be out of the
market wishing to be in than to be in the
market wishing to be out.
