Crude - Support At The Lower MLH
Updated
The breakthrough of the upsloping centerline (grey), and the L-MLH of the red pullback-Fork indicates a potential turn.
Main TGT would be back to grey centerline.
Second opinion is the break of the L-MLH, down to the support zone (green) and up from there to new highs.
P!
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Main TGT would be back to grey centerline.
Second opinion is the break of the L-MLH, down to the support zone (green) and up from there to new highs.
P!
Like the Forks?
Her's your free, Basic Course: mytradingcoach.teachable.com/
Note
L-MLH support seems to hold.Next bounce would be at least up to the centerline (red dashed), since price is statistically going to centerlines over 80% of time.
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