Oil #29 BRNJO
Oil reversed in the Khaki Triangle as expected previously. (Quote 28th Jan “Still watching for a reversal pattern in the khaki area which could give a retrace towards the KS/Kumo”). There were 2 bites at the cherry on TL ‘pops’. Currently the price has met Chikou and Kumo resistance, so it could be heavy going with a block of old consolidation in the 78-82 zone.
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OIL Chart from before the Up move from Khaki served well I used the Light sweet contract. Your chart kept me safe and Now from yesterday have been taking scalps short as hit runs and have served well so far. Many thanks updated chart and view levels etc
rgds
Zarif