Details in the chart, only for advanced traders.
Details in the chart, only for advanced traders.
Details in the chart, only for advanced traders!!
About to find horizontal support at the channel bottom, but a break through is also possible. Here is where hedging is not a bad idea!
Details are in the chart.
Put your stoploss in place and risk the amount of money you CAN miss. Oil is likely to test the channel it has fallen down from before the final leg down.
Horizontal resistance, triangle resistance, good to R:R
See the chart, this setup is only for advanced traders
Details are in the chart.
The damage is severe, see earlier short which was about to be stopped out. I added another to average my short. This needs to come down HARD
Learn to see what the chart shows you, not what you like to see. As you can see in my earlier chart we took the bull, but this head and shoulder cannot be ignored. We will hedge it here.