TreyHighPwr

Can the HOUSE CAPITALIZE on the Market Correction SHORT...?

Short
TreyHighPwr Updated   
NYMEX:CL1!   Light Crude Oil Futures
CL1!
There may be people who have more talent than you. But there's no excuse for anyone to work harder than you. -Derek Jeter

Last week we tried to catch this move however our stops were hit due to sellers not being ready just yet to commit and Buyers came in to Mitigate the HTF Daily Supply Zone causing us to be stopped out... All good we rii back at it!! This is what I want to see in order to scale SHORT....

1) Price is currently trading inside a 15m Demand ZONE and rii above a Minor Support Level ($86.65)...***I need to see this 15m Demand and the Support level fail and sellers commit to pushing for lowering pricing Per Barrel.

2) I would Like to see sellers at-least wick the 1HR CHoCh level ($86.42) and then give me a re-test of the failed support level ($86.65)... At this point I'm going to apply my risk in Support of Sellers dropping the Market and targeting ($85.50) Per. Barrell in which would be the EQ level of the 4Hr Pivot Demand Zone.... This trade SHORT can give us about +115 Points in favor. We can easily catch a solid +2.5-3R % Gain depending on your given management system!

3) I need to see the 15m Demand Fail along with the Minor Support Level with confirmed candle closures underneath pricing on the 30m TF below... I also want to see the 1Hr CHoCh level wicked!!

***ALSO price needs to be trading underneath the RED V-WAP as a last min. cherry on top confirmation...Its always a Higher Probable Trade when we are in favor the of the Vwap on the 1Hr TF...

REMEMBER NOTHING IN THE MARKET IS SET IN STONE... WE play the long-term of Probability...Lets go to work!!

"Its time to REACH EXCELLENCE" -Management500K
Comment:
Market Opened and I was not expecting the Gap!! However it just reminds me that nothing in the market is set in stone... WE are here to adapt to the conditions given! However being that the market opened up under our key levels I'm going to set my limit SHORT and Target 4Hr Pivot Demand Zone levels...($85.50) roughly around 115 point move...Lets stay Focused
#BHM500K
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