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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.