HammondB3
Long

Crude dives to support area from B3 Weeklies

NYMEX:CLZ2016   LIGHT CRUDE OIL FUTURES
Looking for the reversal at support for this week, with a divergence in the VWM oscillator, entry timing looks to be perfect. Will check back in to show the follow through, or lack thereof.

Here is why I would take the trade: I feel the return on risk is good.
Target1 = 47.48 ; 72tic Reward .. manage risk to suit >= 1:1 :
Target2 = 48.08 ; 132t Reward .. mange risk to suit >= 2:1
Trade closed: stop reached: Well no bounce, high prob of one, still decided to dive more. Exit with loss.
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