Opis
⋅ TREND
Main Trend is down
SUPPORT/RESISTANCE ZONES
Key S/R zones based on ideas from
TIME AT MODE METHODOLOGY(Courtesy Mr Tim West)
60.00 50.00 and 40.00
SHORT TERM STRATEGY
Price is currently being coiled up in a
box, Therefore, ( Buy Low Sell High =Scalp Strategy Activated)
LONG TERM STRATEGY
Main Trend is down but at the right signal, this could be traded to 50.00 or to 40.00, depending.
Komentarz
⋅ Oil rejected 50 w/ a fantastic wick ;)
It's making its way back to the mode @ 45
It was a nice short from 50.00000
REACTION @ the MODE would be monitored for another trade
Until then........
Sitting on my hands, and protecting Capital ;)
Komentarz
⋅ 45 killed. We head for 40 next.
Komentarz
⋅ So we hit 40, and Oil seems picking up strength. ^_^
the wick aka rejection is too strong