NYMEX:CLQ2016   Crude Oil Futures (Aug 2016)
No follow through on drop, even after retesting broken TL from the back resulted in squeezed swings, that left the downsloping median set without reaching it's median. Now the last of the swings got zoomed and is currently being retested. A long postion shooting for the median seems like a good idea to me here. Sl underneath last swing.
Trade active:
ok so i clearly jumped the gun on this.. still in it but not very happy about it
Trade closed manually:
at this point R2R is not making any sense to me anymore so i close
Comment:
shouldve kept it open but oh well ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.