Watching the 30min for a potential right shoulder on small head and shoulder entry. (neck line break would be were the green line is.) Looking at nice zig zag A B C correction to the 61.8% fib which is a nice place to complete. Target to other side of channel with 100% extension. Still high risk to down side so taking very small position if I get set up....
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trade active...
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shorts maybe covering as the upside gains traction... If long move stop to even and wait for target...
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taking some profit early..
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closed trade now. took this opportunity to exit. Friday's candle looks too bearish.
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didn't hold my nerve and took profit early... Any further oil updates I'll do in new post