EuroMotif

WTI correction Idea (short): US Crude Oil pullback

EuroMotif Mod מעודכן   
FX:USOIL   CFDs on Crude Oil (WTI)
Looking at a couple of zones that might cause next leg down.
Will update and fine tune the numbers are things progress.
הערה:
Oil trying to bounce up from the Fib Support zone as hoped.
הערה:
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.
עסקה פעילה:
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.
-
הערה:
Gotta love the Golden Ratio.
That spike caused ripples down to the 2.618 EXACTLY
הערה:
This is what I am hoping to see
הערה:
Hoping London open will follow one of these paths down
הערה:
This tiny but sudden move could cause waves propagating downward.
הערה:
As mentioned with previous snap shot, it looks like that sudden fluctuation has started the waves downward
הערה:
Well that was quite a wild ride, but both targets hit!
הערה:
Short position going strong.
Took 30% profit already, stops at BE on rest.
Hoping to ride it down to the $62 range
הערה:
Nice adherence to my Fib derived zones

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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