Tuesday, November 26, 2013

Long Bias

As you can see in the picture below, crude oil prices are still resting near the 70.5 fib on the higher time frames. As I have been saying, I believe higher prices might be more likely. If not, then the market might be in a higher time frame consolidation.  A, "Seek and Destroy" market profile.

Again, the 93.65 level served me well.

No comments:

Post a Comment