tntsunrise
Short

SHORT OIL NOW (50.31) with THREE Reasons:

FX:USOIL   Crude Oil (WTI)
9920 76 233
5 months ago
SHORT OIL             NOW (50.31)
with THREE Reasons:

1 2nd attempt can't break new high
2 for a structure retest
3 RSI overbought
5 months ago
Comment:
snapshot


FIRST TARGET HIT
Remember to take some profit
5 months ago
Comment: Now is 49.43, going to hit TP2
Guys are you still in?

have you discoverd that, the method I use which I teach in my PRO-TRADER COURSE
is able to identify the turing points before the market runs?
5 months ago
Comment: TP2 HIT! BIG WINNER
5 months ago
Comment: tp3 hit!
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jangseohee
5 months ago
snapshot

snapshot
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tntsunrise TOP jangseohee
5 months ago
very nice observation. dxy is good to put into the watch list
+1 Reply
jangseohee jangseohee
5 months ago
your next lvl 48.7x is coming
snapshot
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xiiimik
5 months ago
I think we should wait a bit more like in coming 3hrs. Possible divergence on 1hr is forming. My signals here: divergence+pullback that good enough (around 50,15).
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xiiimik xiiimik
5 months ago
Already divergent, but there might be one more candle up.
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val_trader
5 months ago
I'm shorting from 50.4!
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LJT
5 months ago
Im in at 50.34 thanks Jack!
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Trendhopper PRO
5 months ago
I have 3 reasons not too short...2nd attempt to make a new high was higher than the 1st it went to 50.45...1st attempt was 50.41....its in an upper wedge if you draw line from 46..although RSI is high on the daily its 60 so room for another leg up to 51.60...when it hit 51.6 it was 74 on the daily....Jack you are usually right so Im only making these observations and still respect you and your work...
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investment6300 Trendhopper
5 months ago
Thanks for your comments! To see why we have to be be careful but also then wait for right entry wich has cost me if you not aware of all factors..hahaha. All contribution helps all for a better judgement if someone miss some signs, gratefull
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Trendhopper PRO investment6300
5 months ago
I agree, this forum is for all ideas and observations, then if everybody agrees we know we have a very strong idea collectively, I follow TNT/JACK because he has taught me a lot, he recently highlighted the end of a 5th wave in an upper channel on gold and it was a very strong case so i traded it and made money from it..im very grateful to him for this...on oil im waiting for an end to this retracement which i feel is 100% to 51.6...hoping for a nice big reversal candle...and then may short from there.. although I don't think it will go down much , maybe to 49 area, feel that then we will have a ascending triangles to break the 51.60 and head to 60....I share Chartwatchers view that its on 3 daily cycles....I could be way out on this !!! lets see
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tntsunrise TOP Trendhopper
5 months ago
:) tks!
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tntsunrise TOP Trendhopper
5 months ago
great view! it's good that you have your own thoughts!
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Trendhopper PRO tntsunrise
5 months ago
Well done again....!!!
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Trendhopper PRO tntsunrise
5 months ago
Please share, why do you think it will go to 46.77 ?....is this some special pattern?....I find its rare that once a price goes past 61.8% retracement that it crosses back over...
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tntsunrise TOP Trendhopper
5 months ago
before the strong support
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fade
5 months ago
Hello tntsunrise, is your sl @ 50.74?
may thanks for all the analysis ;)
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investment6300
5 months ago
There was a bullish reversal 'tree solders formed ' to point of resistance on daily to also consider to enter a confirmed short
snapshot
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investment6300
5 months ago
Ooops , SO I might not be clear...I am not shorting this if there is no confirmed reversal to short from that bull reversal. Maybe we can have a additional guide to another reversal of opinion?
+1 Reply
Trendhopper PRO investment6300
5 months ago
look at 30 min chart...last 2 candles are bullish
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WeeklyTrader
5 months ago
Trend is up, short is dangerous.
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Trendhopper PRO WeeklyTrader
5 months ago
looks like a double top but my money is on a left shoulder/Bull flag ..sideways from here...for next 24 hours possibly...market on hold for BREXIT
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WeeklyTrader Trendhopper
5 months ago
poor guy, I used to play the game of who can catch the hat...but found it failed always...
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tntsunrise TOP WeeklyTrader
5 months ago
70 pips earned
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tntsunrise TOP WeeklyTrader
5 months ago
+130pips now DAVID
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WeeklyTrader tntsunrise
5 months ago
Well, maybe right this time, stil I think taking profit from pullback is highly risky. We will see the trend in a few days.
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tntsunrise TOP WeeklyTrader
5 months ago
whether you see the trend doesnt matter, what matter is how you find your trade. you are saying the trend is up, my question is, are you holding any long position? if you dun even have any long position, no point to talk trend here, coz the trend won't make you any money since you dun even enter the trade.
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val_trader
5 months ago
Short closed (for now...)
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manish101
5 months ago
what would you adjust the sl to Jack?
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tntsunrise TOP manish101
5 months ago
close half, rest set B.E
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xiiimik
5 months ago
What do you think of natgas? Good to short? Thanks.
Reply
tntsunrise TOP xiiimik
5 months ago
snapshot
+1 Reply
giovannicanu
5 months ago
it's possible re-enter short now?
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tntsunrise TOP giovannicanu
5 months ago
5 mins chart it pulls back to 49.90 that is the best chance
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giovannicanu tntsunrise
5 months ago
tnk's
Reply
jujiang
5 months ago
followed
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insomnia.kzhang
5 months ago
hi Jack, TP means take profit?
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tntsunrise TOP insomnia.kzhang
5 months ago
yup
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MichaelNweke
5 months ago
am in!
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leeeon
5 months ago
If it moves past TP2 should we wait for the price to retest and then enter?
+1 Reply
tntsunrise TOP leeeon
5 months ago
entere at where?
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leeeon tntsunrise
5 months ago
49.15
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sarastro
5 months ago
I am in from the beginning. I took profits , and now let it go for the next target.Thanks a lot
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tntsunrise TOP sarastro
5 months ago
very good.
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chargill
5 months ago
Jack you nailed it, thanks
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insomnia.kzhang
5 months ago
Very good play! Thanks Jack!
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Cooke
5 months ago
Winner winner chicken dinner!! Thanks Jack. You think we will have a retracement before TP3?
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tntsunrise TOP Cooke
5 months ago
yup. it is retest 49.15-49.50 now
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yeocs93
5 months ago
I missed my chance to short. Is it too late to enter now? Should I wait for a retracement?
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thomashvu PRO yeocs93
5 months ago
Wait for the retracment back up to 49.9
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stan93
5 months ago
I like the call
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Nebula666
5 months ago
Wow great call
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Carrero
5 months ago
I have a few questions.
1. You shorted into a pretty strong uptrend. Wouldn't it make more sense to wait until after the EIA report to determine a shift in momentum?
2. What makes this price level so significant? Though RSI briefly showed overbought it was also overbought from $47 up to $48, so what changed this time around?
Thanks in advance
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tntsunrise TOP Carrero
5 months ago
Good Question:
1. you think it is a strong uptrend, however i see it is just a correction of the previous strong downtrend since 51.50,
2. I dun care about the EIA report, there will only be two results of my trade, either, big winner which is more than 150 pips, or a small loss which is about 40 pips.
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nbn007 PRO tntsunrise
5 months ago
strong downtrend yaye let's ride it!:)
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burgwyna
5 months ago
RSI was oversold now expecting test of TP2?
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watsonzou26
5 months ago
Great call, Jack! I loaded up some DWTI yesterday after close and sold this morning at 71, too early. If i check you post earlier, i would make more profits. I should have to.
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MarioHerrera
5 months ago
You think is a good idea short now?
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MarioHerrera MarioHerrera
5 months ago
BTW, very good prediction.
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Rusario
5 months ago
Awesome trade setup. TNT you rock.
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ashif030
5 months ago
excellent
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Great trade man!Keep up the good work!
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Ltscofield
5 months ago
perfect
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Holacus
5 months ago
Im folowing you jack since i discovred this site.
my trades are all green . thank you :)
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xiiimik
5 months ago
Possible HandS on oil is forming. Please note, it is not the signal to short. But worth paying attention to.
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investment6300
5 months ago
Are we seeing H & S forming confirming a big short ?
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Trendhopper PRO investment6300
5 months ago
Its bullish for me ..RSI is 57 so mid range ..we want 65 + for a short ideally...If it were bearish the right shoulder would have been finished a few hours ago around 49.50. (lower than left shoulder) .markets are more positive as UK LEAVE odds have lengthend to 6/1 ..it might retrace to 49.50 but risk/reward poor for me...maybe worth buying on a pullback around 49/49.50...going to 51.60....yesterday was a short term correction...beartrap
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sarastro
5 months ago
hi , do thing it is over? or it will go down again?thanks
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chhabrakaran37
5 months ago
So can we short this again. On this level?
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CryptoTraderOne
5 months ago
Libra Pattern?
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dxb2life
5 months ago
suberb - can we go for pull back
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NunoNascimento
5 months ago
Congatulations Jack. Well planned, well executed and well managed.
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Ltscofield
5 months ago
perfect jack!
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Giandomenico85
5 months ago
congratulation! great!
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val_trader
5 months ago
Well, in this case you have to thanks Brexit ....otherwise ...
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selvamsk1
5 months ago
how about the next move
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nbn007 PRO
5 months ago
very good:))
Reply
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