Crude oil (CL) just completed 4th pivot area oscillation
4th CL pivot area was just completed. Because a trend line and a retracement is already in sight.
Now it's time to find 3rd buy piont on lower time frame (1H). I expect it will be around price 65.2.
But if the retracement drop below than 64.8 then i need wait for 2nd sell piont after all.
For reverse trend scenario, there is also a chance that price goes sideway. But it's for sure there is 2nd sell piont oppotunity before that.
Now it's time to find 3rd buy piont on lower time frame (1H). I expect it will be around price 65.2.
For reverse trend scenario, there is also a chance that price goes sideway. But it's for sure there is 2nd sell piont oppotunity before that.
So price may either goes down trend or sideway. So after short term rebounce, i need short CL after price above 65, SL: 65.77, TP: 63