Crude Oil Futures (CL) (November 15th 2020 through November 20th 2020)
Low: $39.44
High: $40.97
I believe we are due to touch a floor around $39.44 and then maybe a reversal to around $40.97 before continuing descent even further in the week after this.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $39.44
High: $40.97
I believe we are due to touch a floor around $39.44 and then maybe a reversal to around $40.97 before continuing descent even further in the week after this.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!