danny6787

danny6787

Nice area for a short term long chart is not fancy but it serves its purpose.

danny6787

Weak bull correction, strong possibility of a short, we have a flat abc the upside and price unable to break 57.83 for the 3rd time.

danny6787

See a nice run too $59.17, then look for support @ $58.56 wait for pullback on the 5 or 15 minutes. First and second leg already created have fun!!!

danny6787

Perfect long after profit taking, will continue higher

danny6787

Published this idea last night but was put private the will be a very slow profit taking to the downside.

danny6787

50% fib on the 4hr had my last one drawn incorrectly, this is the larger move to retrace, fib drawn from 45.04 - 46.72

danny6787

FIB drawn from 45.80 to 46.74, Buy the 50% $46.27, 20-25 cent stop

danny6787

This is currently pushing up against and old fib to the downside %50 @ 46.22, this is the 3rd retest and it did not retrace by much looks like we could see a breakout to the upside possibly to 47.26 there is still resistance above at 46.49 and 47.26 look at the 15 minute for a good entry 20 cent stop profit of 50 cents or more.

danny6787 Updated 

4hr is showing a great buy at $45, target $47.26, simple and easy, oil is down at the moment creating support.

danny6787

Short term intraday short 44.97 is the target, sell 45.87

danny6787

This has bounced a few times at the $43.94 on the 4hr, has made a higher high, and and higher low at the moment we are sideways might be a good area to pick up some longs on a pullback, expect a runner above $44.72

danny6787 Updated 

Stopped out of my short key reversal at $43.94 on the 4hr good support this will go much higher. Look for an entry on the pull back, as of now may be $44.41, the rest of the week may be a good ride to the top

danny6787 Updated 

$44.18 Good pull back area for a short re-entry %50 fib

danny6787

This might hold and go higher but could be an excellent opportunity for a short term short. Sell the %50 1st target 43.38, could 2nd target 42.99 and could be a strong reversal.

danny6787

good support $45.22

danny6787

Good long position in play, support at $45.22, might fly up

danny6787

We broke down a little overnight for a small pullback surprisingly I was expecting price to retrace to the lows, held a one hour fib to the upside, buy the pullback at the 50% small fib for the 15 minute chart be careful with the top of this channel it will be heave resistance.

danny6787

Okay 1hr fib has been retraced to the 61.8%, At the current time of publishing stochastics oversold on the 15 minute, overbought on the one hour. This could hold at $44.72 and go lower but we do have a channel support half way into the channel. Waiting for volume to show the direction of the market.