USOIL HTF Daily Rejection Candle indicating us to go SHORT...?
CL1! “If my mind can conceive it and my heart can believe it - then I can achieve it.” - Muhammad Ali
HOUSE CALL for a potential SHORT this week.....This is simple what I'll be looking for!
1) On the Daily TF we have a HUGE rejection Candle at the Daily Resistance leave $84.00 Per Barrell and now Price is currently trading above this Daily Demand Zone that I eventually want to see fail...
2) If and when this Daily Demand Zone fails then I want to see candle closures underneath on the 30m TF & below....
3) Also If this Daily Demand Fails then the Price for OIL will fall underneath $80.00 Per Barrel in which is a big psychological Institution # within the Markets, so I was taught!!
4) If we can get the sequence of events to take place as I stated above then I'll be compelled to enter SHORT off the retest of $80.00 Per Barrel & cover the high for my stop.... Ill be targeting the next Major Un-Mitigated Daily Demand Zone below which is around pricing $77.75 Per Barrel... Roughly around 225 pts in our Favor, we can secure +2.5-3R % Gain depending on your given management system...ALSO once price breaks underneath $80.00 Per Barrel and we have confirmed candle closures underneath on the 30m TF & Below, price also need to be trading underneath the RED V-Wap as a last min. confirmation as its always a higher probable trade when we are trading in favor of the V-Wap IMO>>>
Remember when it comes to FRM (Financial Risk Management) our Job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Step!!
Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions
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הערה
Oil is moving a lil slow currently....However this is the move I'm looking to capitalize on!! Failure of Demand and a 30m Candle Closure underneath $80.00 Per Barrel...Lets stay focused!! #BHM500K
הערה
Beautiful PA!! #500K
הערה
We need to see a break of the Daily Demand Zone and candle closures underneath Major Key Level $80.00 Per Barrel...Then we should be ready to place Limits Targeting the next Major Daily Demand Zone!!! #500K
-Real Members , Real Motion. #500K
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-Real Members , Real Motion. #500K
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.