Can we SHORT OIL from Daily Supply Zone / 78.5% Daily Fib Level?

Jun 28

CL1!

"The One Most Adaptable to Change is the One that Survives." -Charles Darwin

As I've been paying close attention to OIL, we may have an opportunity to go SHORT from this un-Mitigated HTF Daily Supply Zone / 78.5% Daily Fib. Level....

1) What I'll be looking for is for buyers to push price up into this Daily Supply Zone and hit $83.00 Per Barrel which would be the EQ Level of the Overall Daily Supply Zone and this pricing would line up perfectly with the Daily Fib. Level 78.5% Kill-Zone!!

2) Now if we can see buyers push price up into these levels ($83.15) Per Barrel, then I'll drop down to a LTF 5-15m Confirmation entry to SHORT and Target 62.0% Daily Fib. Level ($80.85) Per Barrel. Roughly around +230 points in our favor SHORT!

3) I'll keep close update as PA develops and we have more data to work with...

Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Keep Steppn!!

Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions
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Jun 28

Note

There was a HEAVY REACTION inside the Daily Supply Zone and sellers pushed price lower than expected all good.... Remember '"The One Most Adaptable to Change is the One that Survives." -Charles Darwin

Lets Continue to watch closely for our opportunity to eat!! #BHM500K

Jun 28

Note

30m TF Current PA...

Jul 1

Note

Ill take this set up instead...

Jul 1

Note

15m TF Price Closed underneath Daily Fib Level 70.5%....So I'm going to SHORT from that Level and Target 62.0% roughly around 120pts in our favor SHORT... Lets be patient N wait for the Tag! #BHM500K

Jul 1

Trade active

We have been tagged SHORT N now we're in Management of the position with 5 contracts on the table!! Let's Step...

Jul 1

Trade closed manually

I was not aware of this huge rejection candle on the 1Hr TF.... SO i closed and Ill wait for the 78.5% Level short if we can get price up towards $83.00

Jul 3

Note

Limit has been set!!

Jul 3

Trade active

We are now in Management of the position!!!

Jul 3

Trade active

5m TF....NY OPENING BELL JUSS HIT and now we're pushing lower towards our target!!!

Jul 3

Trade active

15m TF we have now approached this Minor S&R Level that buyers are tying their best to support...Lets breakthrough this level and get to our target Daily Fib Level 70.5% -Management500K

Jul 3

Trade active

Nice Rejection Bear Candles on the Daily TF at the KILLZONE Level... 78.5% Now lets get sellers to establish the strong hand and lets get the push down towards 70.5% Fib Level...

Jul 3

Trade active

I need to candle closure under Daily Support to Manage position to breakeven...

Jul 3

Trade active

We have an official Candle closure underneath Daily Candle Support on the 1Hr TF N below So I have now Managed to move my STOP to Breakeven... #500K

Jul 3

Trade closed: stop reached

Breakeven Trade All good!!!