CL
has been consolidating in a tight range after gapping up. I still expect the gap to be filled at some point. IMO, It still feels like it wants to push higher first. I'll be watching to see how it reacts around the news tomorrow. That's usually the catalyst that the market waits for. Daily and weekly R3 levels are just above $84. The 78.6 fib would be an absolute gift from heaven. It could also just pop briefly above resistance and then drop, too. Be ready for every scenario and know what you're going to do beforehand. Let the market come to you. 🙏 Remember, keep your risk low and manage your trades.
Plan. Execute. Next.
Trade Less. Make More.