CL Redux

The techincals that I use show that 74.93 was the bottom of the channel. The thing im worried about now is that it pierced the bottom of the channel. So hopefully we won't get a selloff because of that. Guess we will find out Monday.

 

went long 72.90, oil seems oversold, large draw this week plus dollar is falling.

>took 40c, can't let profits fall back into breakeven or losers.

 

Cushing stocks are up. API signaled the drawdown, too. Mixed data.

 

the drop to 72.00 today would've been a good long, but i didn't have the balls.

 

Yep, missed it, too, but now I won't go long. Just scalping.

 

long 72.30, stop 72.05

 

Brent makes new lows...

 

i see the dollar is spiking down, thought it'd be worth a try. what symbol is brent?

edit: wow you were right, i don't have the symbol for brent up, not sure if i'm subscribed to get that. got out with 12c loss before this dip.

 

head and shoulder pattern eur/usd 1 min chart

another leg down?