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Oil Futures Weekly Update (January 24th 2021)

Oil Futures Weekly Update (January 24th 2021)

Crude Oil Futures ( CL ) (January 24th 2021 through February 11th 2021)

Low: $49.97
High: $53.57

I do think there is still potential for my original red paths to play out but I've included another update in green as it looks like we could get another local breakout and high in the coming weeks.

Red box is my Cindicator forecast for the week.

Related ideas attached below:

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!

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