CL Redux

Quote from EON Kid:

Bulls stepping in, looks like a bull flag

50% o/n range. No confluence though, so maybe your .50 # is in play?

Edit: my bad, hadn't scrolled back far enough. I see the earlier pivot now.
 
Quote from Laissez Faire:

If we go back to the lows one more time, then watch out below?

We won't really know until it happens, but the only people left on the other side of the trade to take money from on daily tf are longs from october 2011 and earlier(if you're short), on the other hand plenty of shorts from march 2012 till now to take money(if you're long) from if we start squeezing on daily timeframe

"in a zero sum game, you can only profit to the extent the other side is willing to lose"
 
96,69 for a 100 cent swing.

May look for a long entry there if we bottom out. Possibly wait for us to breakout of this down channel.

Not too comfortable entering a short at this point.
 
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