Crude Oil - Bouncing where it's highly expected

٢٨ سبتمبر ٢٠٢٢

The Crude train to the south stopped exactly at the monthly Centerline.

I think this could pave the way for good opportunities to the upside.

Stalking a potential trade in here.

٧ أكتوبر ٢٠٢٢

ملاحظة

So, the bounce was real.
The breakout of the U-ML tells us something: CL is ready to go North. But often after the breakout of the Upper-Medianline-Parallel, price will test/re-test it. And then from there, the Sky is the limit §8-)

I see two potentials for a Long position:
- a BullPutSpread, in case price starts running
- waiting for a bounce at the U-MLH

However I will play this, I'l play it small in these unreal markets.