Crude Short
H4 momentum looking nasty on crude oil, after inventories came out, price was jacked up to CPP, failed there and left a pin bar, Looking like a nice short set up, going for a big move, possibly 200 points to the downside from CPP to S3.
Also have very overbought daily momentum to add to the possibility of a nice size, multi 100 point down move.
No comments:
Post a Comment