KholleKhokk

Oil - short in FEB.

Short
KholleKhokk Updated   
TVC:USOIL   CFDs on WTI Crude Oil
13
Time Cycle tells that the falling should start in 1-6 feb, and continue for some time.
So, the minimum target is 48.8 for WTI.

if we go below the 48.8 - i'll update this chart.

so, the main idea is: DO NOT LONG OIL IN FEB.
Trade active:
short 53.35 (1/3)
Comment:
52.95 added short due to fast exit..
Comment:
booked profits 52.75.

will reshort tomorrow.
Comment:


short 53.7 on thursday.
Comment:
Booked some longs 52.3->53.2
Comment:
We arrived to early. we either stay here for some time, or something is wrong.
so the letter for myself: DO NOT SHORT before THURSDAY.
Comment:
couldn't resist it. shorted 53.05 (half size)
Comment:
second half short limit 53.7
Comment:
Comment:
se you at 50-s zone. SL 54.3
Comment:
Thats a perfect bulltrap. thanks for reading ;)
Comment:
exiting here. loss of 50 cents avg. need to watch this first.
Trade active:
reopened half position 53.82
Comment:
so. today is 6 feb. And we are about to leave the box. How cute!
Comment:
And we are out of the box!

I'll repeat the main idea here: DO NOT LONG OIL IN FEB.
Comment:
perfect timing, by the way:
Comment:
Possible scenario.


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.