CL Daily, in a down trend, with a bear target -3,852 ticks below
CL Daily time frame is in a down trend. The market
is making lower lows and lower highs. There is a
down Fibonacci with an extension price point 42.38
about -3,852 ticks below the market. As long as the
market does not take out the one boundary price
point 110.93 it is expected the market to fall towards
the Fibonacci target.
Entry: Counter trend line break bearish in the sell zone.
STOP: 113.05
LIMIT: 42.38
Another entry idea: If the risk is too large off the daily
time frame. It will be a good idea to turn to the smaller
time frames and look for selling ideas with less risk.
is making lower lows and lower highs. There is a
down Fibonacci with an extension price point 42.38
about -3,852 ticks below the market. As long as the
market does not take out the one boundary price
point 110.93 it is expected the market to fall towards
the Fibonacci target.
Entry: Counter trend line break bearish in the sell zone.
STOP: 113.05
LIMIT: 42.38
Another entry idea: If the risk is too large off the daily
time frame. It will be a good idea to turn to the smaller
time frames and look for selling ideas with less risk.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.