Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Monday, 30 June 2014

#Crude Oil


 


4hr chart shows price holding up at the green median line. With the bolly tops at $110, I am chancing longs from 105.19, with stops already at BEven, as failure would like see a spike down. 






Entry taken off price action on 3 pip range bar study, with daily opening at 105.65 as intial target, but following trailing stop uphill. Price is currently doing battle with the median line here and Friday's low for now, but break that and daily opening should be on, with the 4hr median held below.
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