Crude Oil breaks and follows projection

13 thg 1

After the long consolidation time, CL finally broke the Trend-Barrier (TB) and is now on the move to the upside.

It's not stupid to aim for the 1/4 line as PTG1.
But for sure I would only close a portion of the position, since the upside potential is far higher.

And if you don't know how much to bank, just go with 50% of your investment. If it's going higher, you're still participating from the move.
If it goes sour, you have already banked 50%.

Just create a plan and follow it.

20 thg 1

Ghi chú

Expecting a PB to $73 in CL.
A level to enter if not long already, or to add again if some contracts are realized in profits last week.

21 thg 1

Ghi chú

Pullback in play.

26 thg 1

Ghi chú

Crude is following the Medianlines trading framework.
Nothing to do here, but prepare for an add or to enter long if not already.

28 thg 1

Ghi chú

Near the support - time to focus.