Smokwawelski

OIL GREAT SWING -FIRST LONG THEN SHORT

TVC:UKOIL   布倫特原油
215 3 8
FIRST AGGRESIVLY LONG THEN LOOK FOR SHORT ENTRY !!!!

BUY FUNNEL AT MARKET PRICE
TARGET 1 -51,5 RRR             4,5
TARGET 2 -52,7 -RRR 5,5

THEN WE LOOK FOR THE HIGH 3 TO ENTER SHORT BET LEADING TO EXTENSIONS FROM LAST SWINGS IN AREA OF 30 !!
THE SHORT SWING HAS GREAT RRR             DEPENDING ON ENTERING SHORT IT SHOULD BE IN RANGE 9-10
評論: NAT GAS HAS FIRED UP.
OIL MAY FOLLOW.
FINGER CROSSED
評論: DAILY RSI AND MACD LOOKING OPTIMISTIC.WE COULD GET OUR SHOT TOWARDS H3 AT THE BEGINNING OF NEXT WEEK AFTER SMART MONEY WILL SEE THE OPPORTUNITY
評論: oil is getting up
評論: we have been outed by the market. If the current low 45,8 would be labeled as L2 there is still great up move toward 52 possible. The catalist may be todays oil report.
評論: Pattern is invalid.lets wait for forming new one
we havent been stopped out. for very mentally strong ones i would try the long as on the picture with very tight stop as suggested at 45.6. There is still chance to go higher with great RRR. Minimum pain and maximum pleasure if that bounce back. If not we will wait for another pattern
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Oil getting stronger as i assumed.lets wait for final run toward H3. Then getting short may be very lucrative..
US shall oil drillers will be then caught cold which in turn favours Saudis which then go out of that stronger. All should happen before Saudis Aramco go on oublic offer
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i completly agree!
on a little larger timeframe there could evolve a completly symetrical pattern--heading back to the feb16 lows(or almost)
(lately nat gas looks finally similar to oil again...
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