USOIL Going to touch the 1.618 inverse ext

1 dic 2016

The Previous Oil Short Idea
Stopped at 50.20
And now the price is 51.66,
if there is no Stop loss to protect our account
we may suffer more.

Right now I am waiting oil to touch the 51.83-52.00
zone and looking for a short.
Use multiple time frame for a confirmation entry.
i.e. go to 5 min /15 min chart to check the price action.
if there is a bearish pin bar or bearish engulfing candle.
that will be ideal.

5 dic 2016

Nota

6 dic 2016

Nota

wait for the pull back to short

9 dic 2016

Nota

12 dic 2016

Nota

GAP UP. so dun short oil. watch the price action