chartwatchers

OIL - Mind the gap

Short
TVC:USOIL   CFDs on WTI Crude Oil
After the drone attacks oil opened with a gap on Monday morning,
but today instead of going higher it started to try to fill the gap again.
It also break below Monday mornings low so the chance is pretty high that it's going to
drop to 54,84 and fill the gap.
There is also a chance that it's going to tag the bottom of the range at 53$.

Today's volume is pretty high, let's see if we can fill the gap.




Comment:
Deeper and deeper in the gap
Comment:
Blue area will be tested soon.
Comment:
Now this will break down finally.
Comment:
I don’t know if it will close the gap or not but one thing is sure : it was a one day Wonder for bulls.
Comment:
I will take profit on 50% of the position and set a stop at break even ( 59$) . From this point playing with the house’s money. We can’t lose in this trade.
Trade closed manually:
50% closed at 56.99$—— 2$ profit.
50% still holding wiaiting for the gap close - stop loss at 59$.
Comment:
Almost there.
Comment:
I wonder how many bought the “breakout” on sunday night...
Comment:
If price closes above yesterday’s high on the daily chart ( near or at the end of the day) I will close the position.
Comment:
I will decide 15 minutes before the close of the day: 22:45 Berlin time.
Trade closed manually:
Closing the trade. We almost closed the gap yesterday and I’m tired of waiting for days for a 5 minutes move again ( or a saudi self attack)
Comment:
Gap closed
Comment:
Comment:
Unbelievable.
Gap close and a rally immediately.

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