OIL: First green day

Telah dikemas kini
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
  • Monday DAY 1 Opening Range ✅ day 2 cycle
  • Tuesday DAY 2 Initial Balance
  • Wednesday DAY 3 (reset DAY 1) Mid Point Week
  • Thursday DAY 2
  • Friday DAY 3 Closing Range


2. SIGNAL DAY
  • First Red Day
  • First Green Day ✅
  • 3 Days Long Breakout
  • 3 Days Short Breakout
  • Inside Day


3. WEEKLY TEMPLATE
  • Pump&Dump
  • Dump&Pump ✅
  • Frontside ✅
  • Backside


4. THESIS:
  • Long: This market could coiling for an explosive move back to the previous HOW, where short traders are still in profit
  • Short: I do not exclude the secondary scenario of pump and dump starting from Friday, eventually evolving during the further days


Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni

Nota
Today is US bank holiday, I would not be trading, intraday chart and setup will be updated on tomorrow Tuesday 28th of May, have a lovely day traders!
Nota
syot kilat

Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you!
“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
  • Monday DAY 1 Opening Range
  • Tuesday DAY 2 Initial Balance ✅ DAY 3 CYCLE
  • Wednesday DAY 3 (reset DAY 1) Mid Point Week
  • Thursday DAY 2
  • Friday DAY 3 Closing Range


2. SIGNAL DAY
  • First Red Day
  • First Green Day
  • 3 Days Long Breakout
  • 3 Days Short Breakout
  • Inside Day


3. WEEKLY TEMPLATE
  • Pump&Dump
  • Dump&Pump ✅
  • Frontside ✅
  • Backside


4. THESIS:
  • Long: primary, market potentially coiling at the current HOW for a major move back to the traders short from previous HOW
  • Short: secondary, I can't exclude a short scalp HOW to LOD if the level hold, however, I wouldn't be interested that much in this scenario


Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Nota
syot kilat

I would be interested in this market only if it pumps into the previous closing price, after MRN at 10am
Nota
syot kilat

No trade setup on OIL today, market kept pushing higher. If market does't react as expected, I would never try to guess the direction! see you on tomorrow
Nota
syot kilat

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
  • Monday DAY 1 Opening Range
  • Tuesday DAY 2 Initial Balance
  • Wednesday DAY 3 (reset DAY 1) Mid Point Week ✅
  • Thursday DAY 2
  • Friday DAY 3 Closing Range


2. SIGNAL DAY
  • First Red Day
  • First Green Day
  • 3 Days Long Breakout ✅
  • 3 Days Short Breakout
  • Inside Day


3. WEEKLY TEMPLATE
  • Pump&Dump
  • Dump&Pump ✅
  • Frontside ✅
  • Backside


4. THESIS:
  • Long: primary, market still on the frontside of the move, day 3 long breakout traders in the market, it can still blow off in the direction of the trend.
  • Short: secondary, market took out the previous HOW, I do not exclude the possibility of a short trade scalping HOW to LOD if setup is presented


Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni
Nota
No news on the calendar, first hour NY session I will update the daily template, OIL open at 9am
Nota
syot kilat

As one trader was asking in the comment below, yes, pump and dump scenario for a HOW to LOD, go reading the short thesis in the trade description :)
Nota
If you shorted this market, right now, at the LOD, you should be taking most of the profit, market stil in frontside, this is a scalp with high probability
Nota
syot kilat

If you are shorting this market at equity opening, you should be on break even already, or locked in some profit!
Beyond Technical AnalysisChart PatternsdumpandpumpfirstgreendaygiannipichicheroOilpumpanddumpSPOTCRUDEstaceyburketradingTrend Analysis

Penerbitan berkaitan

Penafian