WTI correction Idea (short): US Crude Oil pullback

2018年5月28日

Looking at a couple of zones that might cause next leg down.
Will update and fine tune the numbers are things progress.

2018年5月28日

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Oil trying to bounce up from the Fib Support zone as hoped.

2018年5月29日

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Still hugging the supports but no apparent hurry to leave.
US markets will be back online Tuesday, if starts selling I will join the bandwagon.

2018年5月31日

交易开始

Here we are, at my first resistance zone.


Close up. First short opened upon pin rejection, drop below my zone, then retest from below.


Short opened here:


- Stop loss at Break Even, lets see how it does.
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2018年5月31日

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Gotta love the Golden Ratio.
That spike caused ripples down to the 2.618 EXACTLY

2018年5月31日

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This is what I am hoping to see

2018年5月31日

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Hoping London open will follow one of these paths down

2018年5月31日

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This tiny but sudden move could cause waves propagating downward.

2018年5月31日

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As mentioned with previous snap shot, it looks like that sudden fluctuation has started the waves downward

2018年5月31日

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Well that was quite a wild ride, but both targets hit!

2018年6月4日

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Short position going strong.
Took 30% profit already, stops at BE on rest.
Hoping to ride it down to the $62 range

2018年6月4日

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Nice adherence to my Fib derived zones