Short term selling oil

21 בספט׳ 2017

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 בספט׳ 2017

הערה

21 בספט׳ 2017

הערה

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 בספט׳ 2017

הערה

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

26 בספט׳ 2017

עסקה סגורה: הגיע לסטופ

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

28 בספט׳ 2017

הערה

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