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copydrbij
Jul 11, 2016 4:13 PM

Long for median 

Crude Oil Futures (Aug 2016)NYMEX

Description

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 ;)
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