CL Redux

daily,edit from last post, that red line is 74.31 , started in 03 on a monthly ,the cleavage is 75.30 area, that support line that we are testing is 76.98-77 appx

 

pardon the ignorance, but how do you read those charts?

 

market profile, sh cl 77.70 , ....add 77.92.....add 78.26.. avg 77.96.... 77.10 bid

 

that doesn't help - didn't ask for entry point signs but how do you read that

What's the blue cloud on the right - volume heat map? Bids vs asks? BP oil slick?

 

blue crap on the right is a market profile,widest points are prices most often traded, narrowest points, fewest trades at those prices,as market searches for price it finds support and res at the widest spots

 

other half stopped out at entry

 

closed other half @ 1.23 - don't want to lose profits like I did on cl

 

add 78.41 avg 78.07 tl above at 78.71 offer 78.65

 

LMAO nice nip nip cleavage diagram

 

LMAO, oil inventory survey showing supplies down was published in error. Please disregard, info outdated... Hmmm...short at will?