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2Smart2Trade
May 31, 2016 4:30 AM

Only Gap At This Point Is Required Short

ConocoPhillipsNYSE

Description

As Said in title only gap at this point can make this market move to dogs.

Rules to short:
Short when market breaches the red horizontal line

Reasons To Short:
Standing on the volume any gap can make this market to go bump
Divergence will be eliminated after gap so there will be nothing left to hold this market
Market will follow trend if gap down
News looking like we can have a gap so waiting for that as well
holded at this area and moving in a upward channel which is very strong pattern

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Comment

No Trade On this pair as Market did not broke the lower trend line mentioned on chart
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