The /CL bounce target (106.42, former target) from early today (after the swing short hit the final target/uptrend line) has been hit for a quick ~4.5% day trade. Closed long & reversed back to short for a quick pullback trade. Previous & updated charts below (also covered in today’s video, reiterating the bounce target).
CL 60m June 22nd
Stop above today’s high & will lower to a tight stop if/as /CL approached the top of the pullback target zone and/or cover if/when /CL approaches the bottom of the zone.
CL 60m 2 June 22nd