DislikedPossible reversal in oil, which could result in an uptrend for days. Bought some wti. kIgnored
k
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DislikedPossible reversal in oil, which could result in an uptrend for days. Bought some wti. kIgnored
DislikedPossible reversal in oil, which could result in an uptrend for days. Bought some wti. kIgnored
Disliked{quote} I guess CAD could be affected, i. e. start rising rapidly so be careful... kIgnored
Disliked{quote} Morning K, Is that Brent or US Light? What price did you get?Ignored
DislikedPossible reversal in oil, which could result in an uptrend for days. Bought some wti. kIgnored
Disliked{quote} I don't see it. More supply coming online and weakening demand. Key areas broken. I see oil heading lower for a bit yet. You are looking at a 5 min chart to project a multi-day move???? BTW that chart is not bullish....may see a retrace but sure looks lower to me. Just my .02Ignored
DislikedGBP looking short to start the day again. A lot of build up for early rate hike is continuing to start to unwind.Ignored
Disliked{quote} Hey Mike, It is very possible you are correct, and it is indeed extremely difficult to pick tops and bottoms. We'll see what happens. The 5 minute chart is there for the london open stop hunt. The argument for the reversal, apart from the self-similar pattern I try to follow, is the yesterday's engulfing of key levels 52.3 and 53.1. {image} This behaviour on low tf is a pullback to my understanding. Thanks, kIgnored
Dislikedn/u sell. idea: upmove was a stop hunt before proceeding down. tight sl, good rr. cheers, kIgnored