Disliked{quote} Hi mjaved, Thank you for the reply about the roundtable meeting. If it is possible, can you please elaborate more with the thought process of taking the oil trade? As what i see is the weekly is in an uptrend, so i guess you are trending countertrend but ig is still not clear for me. Thank you, IvanIgnored
Good question,
So the entry was based on Multiple Time frame analysis, agree weekly is still in uptrend, but daily was in consolidation and 4H demand was broken with a good space to the downsize, and on 1hr we had couple of fresh areas to short it from, My curve tf is Daily, weekly was there to see where we are at the curve level, my Intermediate tf is 4h which was broken as shown in the screen shot and once that was broken I entered on 1hr supply.
I hope it helps.