Short Oil after its upward retracement

24 ene 2016

Short Oil upon upward retracement

26 ene 2016

Nota

Downtrend trendline (dotted blue line) seems to hold. If it won't fully retrace up around 36.26, then THERE WILL BE NO TRADE. No need to force ourselves to participate in the Oil crash in the meantime.

31 ene 2016

Nota

Nearing our projected retracement levels, once it breaches above 35.00 level, watch for bearish candles and we will short.

2 mar 2016

Nota

Nearing our target to enter short

10 mar 2016

Nota

Prices have overshoot from our target entry. There has been no trade on this play and we create another strategy for this.