News on CL--Wednesdays
News Setup
This is how my chart appears leading to the news.
THere are completed moves...and then an ALL-THE-WAY halfway back long that I have up on the right side.
Key levels:
SHORT: above at 46.76 or LONG below, at 46.41.
A zoom in:
http://tos.mx/C5zLBr
And, here we have our two completed MM longs on the left, and connected to each is our long pattern.
THIS MUST BREAK, then, as is CL's tendency, once more stab higher and then they short it at 46.76 OR, the price descends into the long, 46.41 and runs up to the target and fails to go higher.
OR, they break:
$46.76 Anchored Short MM
DJ
This is how my chart appears leading to the news.
THere are completed moves...and then an ALL-THE-WAY halfway back long that I have up on the right side.
Key levels:
SHORT: above at 46.76 or LONG below, at 46.41.
A zoom in:
http://tos.mx/C5zLBr
And, here we have our two completed MM longs on the left, and connected to each is our long pattern.
THIS MUST BREAK, then, as is CL's tendency, once more stab higher and then they short it at 46.76 OR, the price descends into the long, 46.41 and runs up to the target and fails to go higher.
OR, they break:
$46.76 Anchored Short MM
DJ
OK, CL Broke UP!!!
ReplyDeleteI am watching this key level:
47.47
I am guessing there was a draw.
We shall see.
DJ