Short term selling oil

21 сент. 2017 г.

Bearish Harmonic pattern detected and also divergences for RSI/MACD on 4hr chart.
Stop loss above yesterday's high.
TP1: 49.1-49.3
TP2: 45.5-45.7

21 сент. 2017 г.

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21 сент. 2017 г.

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If TP1 reached and we see reversal signal, then the corrective pattern is more like an expanding flat, very likely the previous top will be broken. Otherwise target two is possible.

22 сент. 2017 г.

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Still in play. Monday we should know whether to keep the short line.

26 сент. 2017 г.

Сделка закрыта: достигнута стоп-лосс цена

Approaching 1.272, watch it closely for bearish signal. No reason to buy here for me.

28 сент. 2017 г.

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Oil might be topping today. Wait for confirmation, will post another short idea if risk reward is good.