EXAMPLE CL IN AN UP TREND

This chart was sent to me by a trader who asked, "Can you interpret the chart for me and help to understand the trading decision when to buy or sell just seeing the enclosed chart?"


Here is my response:

2x2SD CLEARING OUT THE BOOK CLEARS OUT THE PATH FOR A NEW LEG UP IN CL

MORE 2SD CONCLUSIONARY




2SD AS A BREACH FORCE


 

TICK OF DEATH



 

SWEEP + BOOK PRESSURE + ENGULFING SWEEP TURNS PRICE



ENGLUFING SWEEP PRECEDED BT 2 SD CONCLUSIONARY