Blue Point Trading - Short Oil


Not buying this rise in Oil. It looks like we are coming up onto the down trend line on the daily and then work the downard wedge. Also with the equity selloff, we will be in some risk-off negativity for a few weeks.

Good luck trading… :45:

Entry 1: 96.85
Entry 2: 98.25
Target: 93.00 (moves stops up to BE after we pass Fridays low.)
Stop: 101

Blue Point Trading

Stop out, but started in the right direction … perhaps you took early profits in a scaled in order management scheme.