OIL: Three days short traders in the market

Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
  • Monday DAY 1 Opening Range
  • Tuesday DAY 2 Initial Balance ✅
  • Wednesday DAY 3 (reset DAY 1) Mid Point Week
  • Thursday DAY 2
  • Friday DAY 3 Closing Range


2. SIGNAL DAY
  • First Red Day
  • First Green Day
  • 3 Days Long Breakout
  • 3 Days Short Breakout ✅
  • Inside Day


3. WEEKLY TEMPLATE
  • Pump&Dump ✅
  • Dump&Pump
  • Frontside
  • Backside ✅


4. THESIS:
  • Long: secondary, although I'm not looking for any long setup at the moment, the market can still retest the current LOD (placed in London session), consolidate and reverse for a scalp eventually back inside the opening range.
  • Short: primary, the market is currently breaking down, placing a lower low during London session and pumped back up into the previous LOD. If the market will retest that level (high of session as well), I will be willing to take a short trade back into the current LOD and don't forget that on the bigger picture it can also perform a 4 weeks pump and dump.


Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
注释
快照
Watching if the market will push and consolidate into the previous swing high
注释
快照
Setup invalidated on OIL, the market pushed further higher without any sort of consolidation
Beyond Technical AnalysisChart Patternsday3shortdumpandpumpgiannipichicheroOilpumpanddumpstaceyburketradingTrend AnalysisCrude Oil WTI

相关出版物

免责声明