That's a very good question!!! I don't know. I've always traded CL back from when it used to be more expensive than Brent. Familiarity?
Trading at the edges of a level feels like walking on an edge of a CLIFF. Luckily, we have stop loss to protect.
trying not to look down- looks scary (lol) stop loss at 81.09. In case of stop loss will be a scratch. if it breaks, then will short on bounces.
Why 81.10? Buyers keep buying every dip here, gives me a little more confidence in a long around 81... but , will see. R:R good if it works. Small loss if it doesn't.