US Oil Feb'17
Risk reward favourable for short idea.
Flag erosion in the first week of the month (red circle) hinting at a sell off.
Short crude risking new high 55.20+
Flag erosion in the first week of the month (red circle) hinting at a sell off.
Short crude risking new high 55.20+
Note
We'll see how it reacts to stats todayTrade active
Short at 54.75 on April contractNote
potential short set upNote
WorkedNote
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Trade active
Adding to shortNote
stopped out of additional shortNote
Note
Will take half off my short at 52.70. Could see a bounce hereNote
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crude gets an ass kicking :DNote
$50 here we comeNote
Covered short at 50.20Note
cover closed out at entrySL on short moved to 50.20
may flip to long sub 49.40
Note
overall I'm bulled up but this the corrective move anticipating firstNote
inverse H&S break - BullishWedge break - Bullish
Note
hit 1.618% hit and bouncedLooking at long set up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.