Long-channel pass Crude oil
Crude oil CL1 chart.
Friday 19.05 ended channel pass 48,09 -50,20 with a break higher.
I will look to buy dip at week opening
TP1 - 51,20
TP2 - 52,20
Friday 19.05 ended channel pass 48,09 -50,20 with a break higher.
I will look to buy dip at week opening
TP1 - 51,20
TP2 - 52,20
Note
Target is almost reached.There is small risk of correcting lower .
I will look for an extension of 50pip higher if price action confirm further move or atempt to set pinbar at negative terndline above.
Trade closed manually
Market did not reach TP2 trade closed manually at 75% passed.
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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.