Bearish Bat-man or a piece of crab? Long

Description

⋅ Mar 19, 2015 6:59 PM

The pattern has been fulfilled ...out of market but looking for a potential short

On the monthly chart WTI has reached a 88.6 retrace (See link underneath)

I'm expecting some back and forth with the lady and tap dancing on the spot.

This possible bearish bat could turn into a crab instead... but follow the notations on the chart.

Take profit along the way

Safe trading ladies and gents!

@BLawrenceM

If you find my charts useful - consider following me on Twitter.
I do updates there on my TV-published charts and annonces quick scalp plays whenever found..

UWTI cl_f

Comments

QuantitativeExhaustion

⋅ Mar 25, 2015 7:17 PM

Bulls-eye

CoinedByCrypto

⋅ Mar 25, 2015 7:19 PM

Thanks!

CoinedByCrypto

⋅ Mar 25, 2015 7:11 PM

Pattern has been fulfilled... out

CoinedByCrypto

⋅ Mar 20, 2015 1:59 PM

Out of CL_F gyazo.com/1261dbd46a1b27530b55faa3b51aaa1f

CoinedByCrypto

⋅ Mar 20, 2015 1:29 PM

I'll take profit at open 2 min to go ...

CoinedByCrypto

⋅ Mar 19, 2015 7:35 PM

If we get the bearish bat a then we drop...this could come M for murder or a more poetic word...Bullish Butterfly:

CoinedByCrypto

⋅ Mar 20, 2015 1:47 PM

2.19 could very well be a pit/pause

CoinedByCrypto

⋅ Mar 20, 2015 1:49 PM

Very fragile lvl here ... if bearish bat then it needs to make a hh

CoinedByCrypto

⋅ Mar 20, 2015 1:55 PM

Sorry meant bearish crab

CoinedByCrypto

⋅ Mar 20, 2015 1:44 PM

I'll give it 30 min to show strength at this 2.10ish handle .... but i'm ready to go bearish for the Bullish butterfly pattern if no move to the upside. See the picture above