WolfeDayRocker

High Probability Intraday Trade Setup for Crude Oil Futures

WolfeDayRocker Updated   
NYMEX:CL1!   Light Crude Oil Futures
Feb 10
The following are trades setup ideas in 15 mins chart for Crude Oil Futures .

There are 2 distinctive dotted lines labelled as
1. AI's Daily Resistance
2. AI's Daily Support

These 2 signals are generated by machine learning AI robots as a high probability trade setup where to long or short.

If price action was above the AI's Daily resistance line AND price closed above Pivot Point R1 line, the idea is to long and take profit at Pivot R2 line

OR

If price action was below the AI Daily support line AND price closed below Pivot Point S1 line, the idea is to short and take profit at Pivot S2 line

Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.

While it is optional, it is a good practice, in general, to trade this product during the US Future Market Session when there are higher volume and liquidity.
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.