Oil - short entry
Uppdaterad
You just need to look up the 2B entry system, but, because Tradingview is a place where no one thinks for themselves or is autobot compelled to write more. Here goes.
2nd November oil rallied in a continuation of the move from 31st October. It then dipped below the weekly opening gap, before pushing to a new high. That big push from 88.50 to 90.80 culminated in a fake out/blow off top, thrust, and exhaustion. Since then the price action has failed to rally and is stair-stepping its way lower. A break of the H4 thrust candle should be the catalyst needed for a decent fall back towards 86 and maybe beyond.
2nd November oil rallied in a continuation of the move from 31st October. It then dipped below the weekly opening gap, before pushing to a new high. That big push from 88.50 to 90.80 culminated in a fake out/blow off top, thrust, and exhaustion. Since then the price action has failed to rally and is stair-stepping its way lower. A break of the H4 thrust candle should be the catalyst needed for a decent fall back towards 86 and maybe beyond.
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didn't get the push lower from the US open
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