CL seems to have finished a 5 wave move up into weekly bearish order block. shorted at weekly OB but exited shorts early.
CL will most likely bounce from here or a little lower after running 49.17 stops, bounce back up to run stops at 51.2 or 51.7+ levels.
will enter shorts at red boxed area, with target for blue box (to run stops at 47-ish)
after we reach blue area, will wait for confirmation of reversal (at 4H TF) before going long.
CL will most likely bounce from here or a little lower after running 49.17 stops, bounce back up to run stops at 51.2 or 51.7+ levels.
will enter shorts at red boxed area, with target for blue box (to run stops at 47-ish)
after we reach blue area, will wait for confirmation of reversal (at 4H TF) before going long.
Trade active:
would short if i could, but cant trade futures. will short UWT on a retrace
would short if i could, but cant trade futures. will short UWT on a retrace
Trade closed manually:
almost stopped out. closed position anyways, didn't play out as planned