Browse Stacks: Trading Instruments: Commodities: Perfect CL Touch And Turn.png

Perfect CL Touch And Turn.png

As expected in the last CL Chart, price came down to the centerline and followed perfectly the rules of Action/Reaction and turned on a dime. 

The RiskReversal worked nicely and I was already able to protect some of the profits and rolled up the Put. Now we will see how this will play out.  

The profit target is at least the yellow centerline.

Comments

No comments yet.