OIL GREAT SWING -FIRST LONG THEN SHORT
Updated
FIRST AGGRESIVLY LONG THEN LOOK FOR SHORT ENTRY !!!!
BUY FUNNEL AT MARKET PRICE
TARGET 1 -51,5 RRR 4,5
TARGET 2 -52,7 -RRR 5,5
THEN WE LOOK FOR THE HIGH 3 TO ENTER SHORT BET LEADING TO EXTENSIONS FROM LAST SWINGS IN AREA OF 30 !!
THE SHORT SWING HAS GREAT RRR DEPENDING ON ENTERING SHORT IT SHOULD BE IN RANGE 9-10
BUY FUNNEL AT MARKET PRICE
TARGET 1 -51,5 RRR 4,5
TARGET 2 -52,7 -RRR 5,5
THEN WE LOOK FOR THE HIGH 3 TO ENTER SHORT BET LEADING TO EXTENSIONS FROM LAST SWINGS IN AREA OF 30 !!
THE SHORT SWING HAS GREAT RRR DEPENDING ON ENTERING SHORT IT SHOULD BE IN RANGE 9-10
Note
NAT GAS HAS FIRED UP. OIL MAY FOLLOW.
FINGER CROSSED
Note
DAILY RSI AND MACD LOOKING OPTIMISTIC.WE COULD GET OUR SHOT TOWARDS H3 AT THE BEGINNING OF NEXT WEEK AFTER SMART MONEY WILL SEE THE OPPORTUNITYNote
oil is getting upNote
we have been outed by the market. If the current low 45,8 would be labeled as L2 there is still great up move toward 52 possible. The catalist may be todays oil report.Note
Pattern is invalid.lets wait for forming new one
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