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HEATING OIL HO 15MIN: 15min original supply zone shorting opprt.
NY Harbor ULSD Futures (Jun 2016)
Short
HEATING OIL HO 15MIN: 15min original supply zone shorting opprt.
By Can.Yildirim
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May 20, 2016
1
May 20, 2016
TOP-DOWN ANALYSIS
H4:
We have started to turn back from h4 supply zone
H1:
if 09 hour can manage to be closed lower than 1.4805 line, H1 will have been created too
15MIN:
There is an original 15min supply zone inside of a potential h1 supply
TP1:
1:1 R:R
TP2:
Trail till just before H4 Support
TP3:
Trail till daily demand zone
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