Short term selling oil

2017年9月21日

Bearish Harmonic pattern detected and also divergences for RSI/MACD on 4hr chart.
Stop loss above yesterday's high.
TP1: 49.1-49.3
TP2: 45.5-45.7

2017年9月21日

评论

2017年9月21日

评论

If TP1 reached and we see reversal signal, then the corrective pattern is more like an expanding flat, very likely the previous top will be broken. Otherwise target two is possible.

2017年9月22日

评论

Still in play. Monday we should know whether to keep the short line.

2017年9月26日

交易结束：到达止损

Approaching 1.272, watch it closely for bearish signal. No reason to buy here for me.

2017年9月28日

评论

Oil might be topping today. Wait for confirmation, will post another short idea if risk reward is good.