Australia's largest stock trading and investment forum Australia's #1 stock forum

CL Technical analysis 5th March 8 AM EST, page-2

First 2 Last

Share
Profile

Follow
Fibtrader

201 Posts.

29

06/03/18

00:19

Post #: 31543966
Share

Originally posted by Fibtrader ↑

On the 15 min chart CL is currently trading Extension longs at the 50% retracement 61.26 s with a -23% trgt at the 62.30s Nice how the algos are defending the 61.8% level @ 61.09

The ancors I am using are the 60.55s to the current highs of 61.97

If CL breaks the 61.8% at 61.09 ( I dont think it will) we have established Resistance at the 5th all the way half way back pullback at the 62.22s

https://www.screencast.com/t/VTHSpZ7a72pi

On the hourly CL is climbing up into its 5th all the way half way back short at the 62.22s with a trgt at the 59.26
https://www.screencast.com/t/lPZAQmyL

I'm currently Long CL at the 61.22 with a final target at the 62.19

I will front run the 50% by 3 pips.

Trade safely

Expand

1st target off after 6 pips @ 61.28
Trailing 1 runner

Holdem if you got em!
Upvote

Reply

Top Stories

ASX hits all time high out the gate on Friday trades following bullish US inflation data

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

There are more pages in this discussion • 1 more message in this thread...

First 2 Last