cl is in a conflict zone between going up and down

229
I advise you, dear trader, not to do anything Crude Oil futures seem to be doing in another uptrend?

The price action actually settled above the green line.

The Pirce procedure for the 113.50 test should be continued here.

This idea heads south if the price fails and drops below 92.75.

Unfortunately, the risk outweighs the reward.

But for short-term traders, this information remains viable and actionable until the resistance line breaks or falls back to the bottom.

Penafian

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