Go short on oil.
Updated
I know gap not fill yet but I feel this is exhaustion gap. So even though I do not like to taking trade before gap this might be exception to rule. Look at volume on big candle after gap. This is good sign. Also indicators overbout, and though this can stay for a long time I think ready to drop.
Trade active
And so now gap fill, bounce. Cute little profit so far. I HATE cute! I want more!! Patience to meTrade closed: stop reached
a little late on posting this, but when CL pulled back to my entrering position I exiting trade. I really be believing that my setup for short was very strong and true, but you just never know for certain. Market does what it does. final profit= breakeven.
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