Oil Futures ST Quick Update (February 2nd 2021)
Oil Futures (CL) (February 2nd 2021 through February 11th 2021)
Low: $54
High: $58
Writing this to update my previous forecast, as we are getting a breakout that was expected with a lower chance of probability, but happened in the time frame I was expecting based off my last 2 weekly updates. Here's what I'm thinking of the current move for this week now that we have new data.
Related ideas attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $54
High: $58
Writing this to update my previous forecast, as we are getting a breakout that was expected with a lower chance of probability, but happened in the time frame I was expecting based off my last 2 weekly updates. Here's what I'm thinking of the current move for this week now that we have new data.
Related ideas attached below:
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
