Naughty Market Maker - Beware Green manipulation on hourly
Sorry TVC USOIL guys had to use this chart to show how naughty the set up is
THIS IS A SHORT TERM LONG IDEA- it will drop when they have unlocked their funds from Red Vector candles at the highs
Keeping this one short and sweet We hope. So it's no secret we stopped being aggressively Bearish when we failed to hit the next Green Vector candle below. (77.74)
We was talking something about doing (rising) double (it may do more) the fall in a rise to a new high. Well if $2.60 (260 pips) was the drop, $5.20 (520 pips) up from the low would put us up at $83 a barrel which we are very close to. We got out after a measly $3 and its now done $4.70.
(sad face) but we made up for it slightly with two $0.50 long scalps (hold one more as far as it can go)
The issue Bears have is we have a Green Likely to turn Blue at the top recovering the Big Red from 101121 and if it closes that way we can actually, really, unbelievably, ridiculously, genuinely be on the way to £90. Although $84.45 is a more realistic unrealistic target.
Praying for it to turn purple and take us down. But until we see purple or They realise some more of their short in This Giant Red Vector candle
we are in long scalps with our targets all the lines associated to That Red Vector candle from 101121.
Look out for a drop though and have sell stops ready at all times
Good luck guys!
This is not financial advice and should be taken with a pinch of salt
THIS IS A SHORT TERM LONG IDEA- it will drop when they have unlocked their funds from Red Vector candles at the highs
Keeping this one short and sweet We hope. So it's no secret we stopped being aggressively Bearish when we failed to hit the next Green Vector candle below. (77.74)
We was talking something about doing (rising) double (it may do more) the fall in a rise to a new high. Well if $2.60 (260 pips) was the drop, $5.20 (520 pips) up from the low would put us up at $83 a barrel which we are very close to. We got out after a measly $3 and its now done $4.70.
(sad face) but we made up for it slightly with two $0.50 long scalps (hold one more as far as it can go)
The issue Bears have is we have a Green Likely to turn Blue at the top recovering the Big Red from 101121 and if it closes that way we can actually, really, unbelievably, ridiculously, genuinely be on the way to £90. Although $84.45 is a more realistic unrealistic target.
Praying for it to turn purple and take us down. But until we see purple or They realise some more of their short in This Giant Red Vector candle
we are in long scalps with our targets all the lines associated to That Red Vector candle from 101121.
Look out for a drop though and have sell stops ready at all times
Good luck guys!
This is not financial advice and should be taken with a pinch of salt
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