CL Daily up Trend

The CL daily time frame broke the short term
down trend line and has entered into the buy
zone. The market has an up Fibonacci with an
extension price point 104.39 about +1,909 ticks
above the market. As long as the market stays
in the buy zone above the short term down trend
line. It will be a good idea to turn to the one
hour time frame and to look for low prices in the
buy zone.