faylee

OIL retrace in "D" leg, long term in bullish channel

Long
faylee Updated   
NYMEX:CL1!   Light Crude Oil Futures
Short term plan: Sell at 47.9-48.1
Long term plan: Buy at 45-45.1
Trade active:
My short term long position was closed as soon as the target approached
Then i shorted at 48.2 in accord with my plan.
Comment:
I've moved SL to 48.2, just covered my cost
Comment:
I have pocketed some profit at 46.5, as i'm concerning about the MACD div.
Today's close is critical for us to issue further trade plan.
Comment:
I've cleared out the short positions. It's broken out $47.25 now.

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