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mxb1961

A Renko Trading Strategy with Multiple Indicators (update 2)

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Light Crude Oil Futures (NYMEX:CL1!)  
mxb1961  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Chart Patterns Technical Indicators renko renkochart WTI Crude Oil wticrude stochasticoscillator DMI
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trendanalysis chartpattern indicator renko renkochart wti crudeoil wticrude stochasticoscillator dmi
Repeatable patterns. Something to watch on the 25 tick / 15 minute Renko chart for CL. This first image is late January. I’ve marked some areas of interest and where we could be in the pattern and something to watch.

snapshot

This is from today’s price action.

snapshot

Pay close attention to the action of the indicators between the two highlighted periods of time.

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