CL -> 1H

Yesterday the price of CL1! corrected a bit. I opened a long postion but my stop loss has been hit as well, because it is likely (in my opinion) the high of tuesday will be broken I opened a new long position.

Today I take into account two scenario's:
1.) the price will move up from this support level.
2.) the price will correct a bit more and move up from this support level.

For now I just have to wait what the price will do, I will not open another position in oil.

Disclaimer: only trade based on your own deciscions.
Trend Analysis

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