Genghis

US Oil Feb'17

Short
Genghis Aggiornato   
TVC:USOIL   CFD Petrolio WTI
Risk reward favourable for short idea.
Flag erosion in the first week of the month (red circle) hinting at a sell off.
Short crude risking new high 55.20+
Commento:
We'll see how it reacts to stats today
Trade attivo:
Short at 54.75 on April contract
Commento:
potential short set up
Commento:
Worked
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Trade attivo:
Adding to short
Commento:
stopped out of additional short
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Will take half off my short at 52.70. Could see a bounce here
Commento:
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crude gets an ass kicking :D


Commento:
$50 here we come
Commento:
Covered short at 50.20
Commento:
cover closed out at entry
SL on short moved to 50.20
may flip to long sub 49.40
Commento:
overall I'm bulled up but this the corrective move anticipating first
Commento:
inverse H&S break - Bullish
Wedge break - Bullish
Commento:
hit 1.618% hit and bounced

Looking at long set up

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