HEATING OIL HO 15MIN: 15min original supply zone shorting opprt.TOP-DOWN ANALYSIS
H4: We have started to turn back from h4 supply zone
H1: if 09 hour can manage to be closed lower than 1.4805 line, H1 will have been created too
15MIN: There is an original 15min supply zone inside of a potential h1 supply
TP1: 1:1 R:R
TP2: Trail till just before H4 Support
TP3: Trail till daily demand zone
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HOM2016
HEATING OIL 15MIN: 15min original supply zone shortH4 : there is an H4 supply zone formed
H1: and inside of that there is an H1 supply zone too
15MIN: there is an original 15min supply zone inside of an h1 supply zone
which means that there is a high probability of 15min working out
TP1: 1:1 R:R
TP2: i will be trailing till opposing H1 support
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HEATING OIL 5MIN: 5MIN ORIGINAL DEMAND ZONEH4, H1 : Currently, price is reacting from H4 and H1 zones
that means watch for LTF(lower time frame) buying opportunities
5MIN : Just created an original demand level as a buying opportunity
TP : be loking for a quick 1:1 ratio. No need to be greedy on such a small time frame
Good luck to all!