Oil updateNot much to update on oil as its doing exactly what it was setting up for in January.
I have a swing trade from the high, one of my targets should be reached by the end of this month. When price reaches my targets and a long set up appears I will take it.
for now I'm just riding my shorts.
All these levels I marked out in December and broke this move down. Price has been respecting all my levels for a month, I'm locked in. There is a lot of potential for a further decline in oil prices but ill attend to it when it gets there.
I have a lot of trades running that I don't post. There is a lot more detail and understanding of price action that goes into catching these pinpoint entries. my work speaks for itself, its less about profit and more about understanding price action. The profits will follow with good trade management.
let's see how it goes.
