nen

Crude reality

Short
nen Updated   
NYMEX:CL1!   Light Crude Oil Futures
I have a timid long on this one. I am not confident in it. But I really feel these are the forces that are at play here and if we enter the orange zone we might decide where this is going.
Comment:
Doesn't look like this "support" sine will hold but we'll see. Still looking forward for the orange zone.

Comment:
Ignore the orange clown on the chart. It's just a coincidence.
Comment:
Comment:
Some little coincidences in this drawing when looking at the price action. I drew a parallel arc similar to the white one and the price has been all over it. Or under.
Comment:
This is getting ridiculous.
Comment:
Last update on this one. I extended the upper blue line to mark the high of the candle which is an uninteresting coincidence.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.