Oil Short: Downtrend continues

10 Kas 2016

The oil market in the following days will be very shaky but ultimately, it will reach $43 which is my first TP. From there on I am not sure about oil direction as the indicators on different time scales greatly contradict themselves and some data also contradicts other data and indicators.

10 Kas 2016

Not

Nice DMA crossover. We are on our way ladies and gentlemen.

10 Kas 2016

Not

s3.amazonaws.com/tradingview/snapshots/j/JUveHhb9.png

11 Kas 2016

İşlem aktif

The lower BB is widening as expected on the 4H. $43 incoming.

11 Kas 2016

Not

s3.amazonaws.com/tradingview/snapshots/v/VEUrjnbj.png

14 Kas 2016

Not

We are bouncing of the 4H vwap (43.05), I think in the next 4H we should see sub 43 consolidation.

14 Kas 2016

Not

s3.amazonaws.com/tradingview/snapshots/r/rKEQE5X9.png

14 Kas 2016

İşlem elle kapatılmış

Took profit, 90% partial. Will re-enter at higher levels $50. Or after $42 breaks