The CL one hour time frame is in an up trend.
The market is making higher highs and higher
lows. The market is near the up trend line showing
signs of pushing bullish towards the daily up
Fibonacci extension price point 78.20
Entry: Counter trend line break bullish in the
buy zone.
STOP: 70.43
LIMIT: 78.20
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long opportunities towards
the daily up Fibonacci price point 78.20
The market is making higher highs and higher
lows. The market is near the up trend line showing
signs of pushing bullish towards the daily up
Fibonacci extension price point 78.20
Entry: Counter trend line break bullish in the
buy zone.
STOP: 70.43
LIMIT: 78.20
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long opportunities towards
the daily up Fibonacci price point 78.20
