Hello fellas, I hope you're all mopping it up today. Unfortunately, I'm stuck trading ES...very dull, despite the fact that it's the day they roll out the unemployment numbers. As for CL, this baby looks like a goner. It should be a one continuous highway to hell with intermittent restroom stops.
not sure but it looks like H&S pattern on CL on 30 min chart if it takes out 80.50 or 80.60 bets r off
when i read this it triggered a trade in me at exactly 80.50 which was the R1............ although i took the trade off very early 79.30........ coming back now i saw that ur 78 target was triggerd........... would u mind explaining the basis for ur target. by the way thanks..............its been a horrible 3 weeks in this mkt
more downside is possible but its making MA pattern and right now A formation is in progress. A formation may head back to 79.30 or something