CL - It's doing what it has to do

Looks like the previous post will become true.
Sitting tight and wait for the Bus to the centerline hehe...

Peace!

Kommentera:

As things unfold, we see in the daily chart that the U-MLH of the downsloper (blue fork) was respected...looks like to the tick. Just let go crude...

Kommentera:

Lower white MLH broken. Daily Tgt. CL, expecting a PB to the L-MLH for a test/re- test.

via www.tradingview.com

Kommentera:

Closer look - because it's fun.

Price broke out of the L-MLH (blue fork) and did a textbook pullback so far...it's not finished yet. This is a good time to enter or to load up.

I still expect price going further south, fulfilling it's job to go down to the centerline of the big-boy white fork.

P!