price confirmed short and after analyzing dr lens data i placed a sell limit short order trade
price reached projected retracement after 0.5 std reached values. short on crude oil
DR was false today and reversed on the upside, trade is now risk free Going for target to previous fair value gaps and Defining range.
through analysis of dr lens max retracement and max extension combined with other concepts there is potential of a short trade here. after checking the data and having a short confirmation we can have probability that price will hit the retracement levels of -0.7 - -0.8 and head towards a median extension of 1.5