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Trader Journals:::2026-02-04T09:55:04

CL/Crude Oil

#CL Americans have pulled up oil. It seems like they are heavily geared towards growth. They tinkered a bit with moving averages. Then they got down to business, pulled the price up, and at the same time traded a good support level. For those who haven't bought yet, you can buy on a pullback. Set a stop below the green support level. Although they might not even give a pullback. I've noted a typical structure for oil, after which a steady, non-pullback growth may begin. Much will depend on where they close the day and what they will do tomorrow. It's just my opinion that they won't let it drop below the green level and oil will start to rise.

CL/Crude Oil

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