up or down ?

By nnavarrete

Updated

Not a tradeable chart

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phx.corporate-ir.net/phoenix.zhtml?c=79687&p=irol-rigcountsoverview

Rig Count in 5 Mins... get ready .... up or down?

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Showing my last couple and current trades

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Huge bear flag on 4H

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Back again on my downtrend channel and below my 45.43 resistance... good luck shorts... - My last short position was opened at at 47.80 -
TP1 44.03
TP2 43.22
TP3 42.60
TP4 41.55

I will start scalping long below 42.80

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Possible trend reversal points

42.92
40.66
36.15
33.95

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good thing I hedged my short position yesterday

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Hope this drop last a couple of days more. waiting for funds to reach my account. Loading ERX and UWTI

Buy signal once DWTI reaches $106-$110

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Possible break of downtrend channel

DWTI did reach 106.70 this morning.

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Blue if we dont correct... we will stay couple of days/ weeks at this range...
Red if we decide to correct...

Good luck

nnavarrete

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