Crude oil: Go long above today's high

21 окт. 2015 г.After the crude oil inventories news came out, we observed a drop under the weekly mode in crude, but rather fast, it found support and buyers stepped in, creating a hammer candle pattern.
This is considerably bullish, and to add insult to injury, price was supported right above the highest volume node, while rgmov is in a daily uptrend. Buying over this high in an oversold dip is common sense to me here, specially after it discounted the news like that.

If you want live updates and more information, make sure to follow me at collective2, where I provide signals for auto trading and via email for a monthly fee.
I'm also providing access to a live trading chatroom free of charge for concordbay.com customers, contact me via skype for more details.

Cheers,

Ivan Labrie
Time at Mode FX
Analyst at Concord Bay dot com

23 окт. 2015 г.

Комментарий

Last daily close denotes indecision...a move above it today will be great for the bulls.

23 окт. 2015 г.

Сделка закрыта: достигнута стоп-лосс цена

Stop hit, the stop and reverse comes in effect.



Target

24 окт. 2015 г.

Комментарий

CME futs continuous contract:

24 окт. 2015 г.

Комментарий

Sorry, wrong clipboard data!