CL1 Breakout & Pullback Above Resistance – Strong Buy Signal ?

The price has broken above the $61.75 resistance and successfully pulled back to retest it as support, confirming a strong buy opportunity.

Key Confirmations:

Breakout above resistance: Signals bullish strength.

Pullback retest: Former resistance now acting as support.

Volume surge: High buying interest reinforces the move.

VWAP positioning: Trading well above VWAP ($61.36), favoring bulls.

Profit Zone: Green-marked target area for potential upside.

Stop-Loss Consideration: Manage risk with a stop in the red-marked zone.

Trade Idea: If momentum holds, this setup could lead to a continued uptrend. Watch price action near support to confirm further movement.
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