CRUDE OIL
These were my higher time frame idea for this past week. Although CL was not strong enough to break above the consolidation,
NAS (dexter’s analysis)
10:00 opening trade + first presentation FVGs. If close below, most likely consolidation instead of distribution.
Crude Oil
Potential for closure if reaching back into Weekly Open, which is 30m FVG high (black line)
I see potenial mani to 11:00, and LTF CISD + dist to upside, took off 1 position
Heavy adding after rejection of 15fp (10:00). I want to see return to 11:00 open and heavy distribution to PDL from here.
taking off positions. Crude keeps acting funny.
not sure if I want to be conservative for potential htf consolidation or if I want to hold it through for potential htf distribution.
5m pattern. eww. it wants the 5m sibi (above).
Good
Bad