moorekapital
Short

USOIL: OIL DOWNING, OR ONLY MY IMAGINATION ^_^

FX:USOIL   Crude Oil (WTI)
359 10 11
Short
Conservative stop on chart, but I have just used an aggressive stop to go short, right here.

Let's see what happens
Comment: Conservative stop still good.
Aggressive stopped out

Measured Move Target Met.
snapshot
Nice chart :-) i had Oil bouncing to perhaps 38.50 and starting an immediate reversal towards 34. :0) I think we are all on the same page :-)
+1 Reply
Rightly so. Only if the spin top currently is not taken out
snapshot
+1 Reply
moorekapital moorekapital
OR, could this possibly be the case........
snapshot
+2 Reply
Looks like it was the case. Short Squeeze and soon followed by Hot Margin Money to go bear hunting... now you are long Oil and CADUSD?

snapshot
+1 Reply
moorekapital QuantitativeExhaustion
Im not long Oil yet. Tis currently in trading range, and can do down again. based purely on PA. ^_^
Reply
watsonzou26 moorekapital
If spin top is a green one, it will be perfect , unfortunately it's not.
Reply
check this one..

+1 Reply
moorekapital newbie2016
Great job! I didnt see the possible HnS pattern. Looks good
+1 Reply
newbie2016 moorekapital
I am bullish on usdcad.. so having good eye on all posibilities on oil.. check this..

+2 Reply
watsonzou26 newbie2016
Nice observation! Thanks for sharing!
+1 Reply
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