WTI correction Idea (short): US Crude Oil pullback

2018년 5월 28일

Looking at a couple of zones that might cause next leg down.
Will update and fine tune the numbers are things progress.

2018년 5월 28일

노트

Oil trying to bounce up from the Fib Support zone as hoped.

2018년 5월 29일

노트

Still hugging the supports but no apparent hurry to leave.
US markets will be back online Tuesday, if starts selling I will join the bandwagon.

2018년 5월 31일

액티브 트레이드

Here we are, at my first resistance zone.


Close up. First short opened upon pin rejection, drop below my zone, then retest from below.


Short opened here:


- Stop loss at Break Even, lets see how it does.
-

2018년 5월 31일

노트

Gotta love the Golden Ratio.
That spike caused ripples down to the 2.618 EXACTLY

2018년 5월 31일

노트

This is what I am hoping to see

2018년 5월 31일

노트

Hoping London open will follow one of these paths down

2018년 5월 31일

노트

This tiny but sudden move could cause waves propagating downward.

2018년 5월 31일

노트

As mentioned with previous snap shot, it looks like that sudden fluctuation has started the waves downward

2018년 5월 31일

노트

Well that was quite a wild ride, but both targets hit!

2018년 6월 4일

노트

Short position going strong.
Took 30% profit already, stops at BE on rest.
Hoping to ride it down to the $62 range

2018년 6월 4일

노트

Nice adherence to my Fib derived zones