TheDemonTrader

The Bulls Must Be Careful

做空
TheDemonTrader 已更新   
NYMEX:CLV2018   Crude Oil Futures (Oct 2018)

The current rise doesn't fit the bearish divergence at Daily tf. There was a shooting star at Daily on 12th September 2018 and it bounced at the supply area. That showed the banks were there to sell more. I think it's wise to go short term trades, if you're still keen to side with the bulls.

As always, these are just probabilities. Actual price might unfold differently compare to any forecast / analysis. What's most important is to trade and make lots of profits. Getting the right wave count is always secondary. :)
评论:
Bulls should TP some of your positions if price reach the big red box and trail your SL for the remaining lots. If price manage to break and close above it on DAILY tf, wait for retracement. If price holds at certain support level with reversal candle at 1H /4H, then only we should consider to add more positions again a.k.a pyramid.
评论:
Price managed to close above the red box on Daily tf. Let's see what's next.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。