DrMoney

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Top Mentioned Symbols
UKOIL 100% | 4
DrMoney DrMoney PRO UKOIL, D, Short ,
UKOIL: Gravestone doji, SHORT BRENT
50 0 1
UKOIL, D Short
Gravestone doji, SHORT BRENT

Time to short Brent if closes at opening with a nice gravestone doji candle. WTI same story with a shooting star. Time to prepare big SHORTS with 50 pips or more SL to make sure a retest of highs wont jeopardize a 400 pips drop coming soon.

DrMoney DrMoney PRO UKOIL, D, Long ,
UKOIL: Long till 71-73
71 0 2
UKOIL, D Long
Long till 71-73

Failed to short at 6844 and SL triggered. With current API/EIA data I think it is more wise to open a long position till 71 and try shorting there with tight SL. Next entry point in the event of a new failure would be almost 73, then another BIG SHORT.

DrMoney DrMoney PRO UKOIL, D, Short ,
UKOIL: SHORT ALL IN : Brent 6844.
124 1 6
UKOIL, D Short
SHORT ALL IN : Brent 6844.

I'm planning to take a huge position at 68.44, SL 68.60 and TP 57.25. If SL triggered then will re-evaluate Brent movement but I see next major resistance at 69.64, followed by 72.78~. That should be the top taking into account the enormous money injection from money managers due to Aramco IPO (supported by Saudi Arabia). Above that could overshoot OPEC efforts ...

DrMoney DrMoney PRO UKOIL, D, Short ,
UKOIL: Brent from 68.28 to 57.25
60 0 0
UKOIL, D Short
Brent from 68.28 to 57.25

I'm planning to open a SHORT position at 68.28 with a Target Price of 57.25 and a Stop Loss at 68.44. If we count waves from the bottom of this last uptrend we can see a full cycle of Elliot Wave impulse waves 1-5, followed by a correction ABC and again a continuation of 5 more waves. The fifth wave is still ongoing and might reach 68.28 level, where we could ...

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