Tr8dingN3rd

CL - Crude Oil At Bounce Point

Long
NYMEX:CL1!   Light Crude Oil Futures
CL reached the extremes short term.
From here I expect a bounce up, with a potential to the yellow CL (Center Line).

The idea is supported by the Stochastic, where the faster is overbought and the longterm is sloping up.

Risking small, aiming big, that's what I do in CL.
In contrarian I take profits quickly if it's not playing out like I want.
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