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Tr8dingN3rd

Crude - Support At The Lower MLH

Long
Futures Petrolio Greggio Leggero (NYMEX:CL1!)  
Tr8dingN3rd Aggiornato   
NYMEX:CL1!   Futures Petrolio Greggio Leggero
CL crude FORK forks actionreaction priceaction
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cl crude fork forks actionreaction priceaction
The breakthrough of the upsloping centerline (grey), and the L-MLH of the red pullback-Fork indicates a potential turn.
Main TGT would be back to grey centerline.

Second opinion is the break of the L-MLH, down to the support zone (green) and up from there to new highs.

P!

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Commento:
L-MLH support seems to hold.
Next bounce would be at least up to the centerline (red dashed), since price is statistically going to centerlines over 80% of time.
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