Institutional Supply: OIL Short
Hi trader,
Been a while that I've posted a chart due to very busy developments within the community. Never the less, I cannot skip this beautiful looking chart!
Look - oil had a gap up due to the OPEC news right? Ah who cares about fundamentals... all we care about is that price is currently moving towards our key supply area, and as you've seen these zones can be very special!
As always, I like to keep my trading simple and always have the same rules! For this chart again (suprise) I am waiting for price to chill-out within our zone and show me a clean 4hour entry pattern based on our entry candlestick script.
Let's see if we can short this one soon!
Kind regards,
Max Nieveld
Been a while that I've posted a chart due to very busy developments within the community. Never the less, I cannot skip this beautiful looking chart!
Look - oil had a gap up due to the OPEC news right? Ah who cares about fundamentals... all we care about is that price is currently moving towards our key supply area, and as you've seen these zones can be very special!
As always, I like to keep my trading simple and always have the same rules! For this chart again (suprise) I am waiting for price to chill-out within our zone and show me a clean 4hour entry pattern based on our entry candlestick script.
Let's see if we can short this one soon!
Kind regards,
Max Nieveld
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