SL got triggered right there! Maybe not too late, tho...
WE HAVE COMPLETED THE EXTENSION OF BC AT 1.272 (NEED MINIMUM 1.272) HERE TAKEN HIGH 53.33 AS A TOP BUT EXTENSION CAN GO TILL MAX 1.1618 (THIS IS APPROX 53.79) BASED ON CURRENT TOP D LEG SHOULD TERMINATE AROUND 50.50 (NOT GOING WITH PRECISE LOCATION) BUT JUST LOOKING TO TARGET 113% OF XC LEG HERE. TRADE IDEA:- SELL AT 53.30 (ACTIVE) ADD MORE AROUND 53.80 STOP...
My short at Friday's close...my currency wave indicates that oil is over bought. and has been since Christmas. COT reports shows new money (retail), MM, Chinese, etc.. are all long, at +seven to one (7/1), with record net positions. Both the timing and direction of the dxy/oil value wave, confirms this is a carry trade. Cheap money leveraged longs.. with little or...
High Risk Reward Crude Oil Short Opportunity
Super Short Opportunity in Crude Oil
Short Opportunity in Crude Oil. Good Risk Reward. Buy as high as possible
Short Oil Intraday. Excellent High Probability trade opportunity.
I prezzi del petrolio si attestano sui massimi da luglio 2015 e questo appena prima dell’implementazione dei tagli alla produzione che saranno applicati nel mese di gennaio 2017. L’ottimismo degli analisti (Human Contrarian Indicator) sembra sempre più diffuso e la convinzione che i prezzi saliranno ulteriormente si rispecchia nelle decisione dei gestori che...
Since my last post, i stated that it had difficulty going past 46.20. If that fails that we are clear in the downtrend and we should short. Target is still 41.61 now. Action would start and the fall will commence significantly when the 20EMA crosses the 50EMA. Good luck trading.
Alright this is a real nice short I was away from the market took some really good profits on oils failure to move higher on news. These prices are major S/R points that intersect with Old very valuable fibs usually a great profit target. Look for a pullback and enjoy the ride. may also reverse at these levels.
Learn 2 trade like a pro take the FREE course boafx.com - After a 2 million barrel decrease in invitories last week we expect to see a 300,000 increase this afternoon which should cause a correction to the previous support level of 4350