CL Redux

Quote from mfbreakout:

above 81.90, 82.40 is the target


and have no idea where the bottom is- as it always goes way below where i think it will go.

10 ticks stop loss, 30-50 ticks targets and it can add up.
 
Quote from mfbreakout:

and have no idea where the bottom is- as it always goes way below where i think it will go.

10 ticks stop loss, 30-50 ticks targets and it can add up.
[/QUOTE


It will be tactical type of trading day till as Josh mentioned real buyers show up.

Long 81.22 out 81.42. Just relying on extreme exhaustion volume bars but it's not for everyone.
 
Quote from mfbreakout:

Quote from mfbreakout:

and have no idea where the bottom is- as it always goes way below where i think it will go.

10 ticks stop loss, 30-50 ticks targets and it can add up.
[/QUOTE


It will be tactical type of trading day till as Josh mentioned real buyers show up.

Long 81.22 out 81.42. Just relying on extreme exhaustion volume bars but it's not for everyone.

To me these small bounces are just short covering/profit taking from traders who had nice entries.
 
Quote from mfbreakout:

To me these small bounces are just short covering/profit taking from traders who had nice entries.

short 81.80 cover 81.32. 81.90 is micro resistance till taken out.
 
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