[LONG] Inverted Head and Shoulders Bottom forming in WTI CRUDE!! Long

Crude Oil FuturesNYMEX

Description

⋅ Oct 28, 2015 11:39 PM

The wicks that have appeared on previous reversal points has shown itself again (Blue box).

For this plan to work, we must close above $45 this friday.

Comments

jangseohee

⋅ Oct 28, 2015 11:56 PM

haha, finally you come to term with the wick!!

moorekapital

⋅ Oct 29, 2015 1:54 AM

I love wicks within CONTEXT. Wicks means rejection. Question is, what is it rejecting....??? One must have KEY ZONES already marked, lest we chase after every wick, which is another strategy altogether ;)

jangseohee

⋅ Oct 29, 2015 2:09 AM

yes correct, not every wick is tradable.. it must be combined with S/R zone or channel top/bottom with ema to have higher odds ^_^