"The One Most Adaptable to Change is the One that Survives." -Charles Darwin
As I've been paying close attention to OIL, we may have an opportunity to go SHORT from this un-Mitigated HTF Daily Supply Zone / 78.5% Daily Fib. Level....
1) What I'll be looking for is for buyers to push price up into this Daily Supply Zone and hit $83.00 Per Barrel which would be the EQ Level of the Overall Daily Supply Zone and this pricing would line up perfectly with the Daily Fib. Level 78.5% Kill-Zone!!
2) Now if we can see buyers push price up into these levels ($83.15) Per Barrel, then I'll drop down to a LTF 5-15m Confirmation entry to SHORT and Target 62.0% Daily Fib. Level ($80.85) Per Barrel. Roughly around +230 points in our favor SHORT!
3) I'll keep close update as PA develops and we have more data to work with...
Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Keep Steppn!!
There was a HEAVY REACTION inside the Daily Supply Zone and sellers pushed price lower than expected all good.... Remember '"The One Most Adaptable to Change is the One that Survives." -Charles Darwin
Lets Continue to watch closely for our opportunity to eat!! #BHM500K
ملاحظة
30m TF Current PA...
ملاحظة
Ill take this set up instead...
ملاحظة
15m TF Price Closed underneath Daily Fib Level 70.5%....So I'm going to SHORT from that Level and Target 62.0% roughly around 120pts in our favor SHORT... Lets be patient N wait for the Tag! #BHM500K
تم فتح الصفقة
We have been tagged SHORT N now we're in Management of the position with 5 contracts on the table!! Let's Step...
تم إغلاق الصفقة يدويًا
I was not aware of this huge rejection candle on the 1Hr TF.... SO i closed and Ill wait for the 78.5% Level short if we can get price up towards $83.00
ملاحظة
Limit has been set!!
تم فتح الصفقة
We are now in Management of the position!!!
تم فتح الصفقة
5m TF....NY OPENING BELL JUSS HIT and now we're pushing lower towards our target!!!
تم فتح الصفقة
15m TF we have now approached this Minor S&R Level that buyers are tying their best to support...Lets breakthrough this level and get to our target Daily Fib Level 70.5% -Management500K
تم فتح الصفقة
Nice Rejection Bear Candles on the Daily TF at the KILLZONE Level... 78.5% Now lets get sellers to establish the strong hand and lets get the push down towards 70.5% Fib Level...
تم فتح الصفقة
I need to candle closure under Daily Support to Manage position to breakeven...
تم فتح الصفقة
We have an official Candle closure underneath Daily Candle Support on the 1Hr TF N below So I have now Managed to move my STOP to Breakeven... #500K
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