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UnknownUnicorn393254

CRUDE OIL: Bullish Fakey Setup

Long
Light Crude Oil Futures (NYMEX:CL1!)  
UnknownUnicorn393254  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Support and Resistance Candlestick Analysis Crude Oil WTI crudeoillong wtilong Oil Crude Oil WTI usoillong usoillongsetup
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CRUDE OIL – Futures: Bullish Fakey Setup Triggered 

Price Action: Price moved higher from the recent Bullish Multi-Bar Fakey Setup that had formed just above the $88.81 – $95.43 short-term support area, earlier this week (We suggested trading this setup in the April 12th, members' daily newsletter).

Potential Trade Idea: We are now considering buying on a retracement lower to within the range of the recent Bullish Multi-Bar Fakey Setup area.
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