$CL Swing Trade Idea

Dec 3, 2020

CL is approaching the daily 20ema line (yellow).

This also happens to be where the volume accumulation is highest before there is a gap to the downside.

If CL can hold about $84.25 at close, it will look nice for a swing to the upside.

Vol profile POC is to the upside as well. Good value area to swing long here at bottom of value area.

Dec 7, 2020

Trade closed: target reached

Up at least a dollar per share today from trade idea.