15.07.2015 Crude Oil

Crude Oil

Date 15.07.2015  6.15 PM

Trend is down .

Now confirm sideways trend, after plotting 4 pivot point . draw S/R zones .

Bear are in strength and bull are weak in comparison in sideways zone.

And price is approached to boundary line in strength , I think boundary will break , now I look after breaking of boundary willb have strength in present trend in pullback .

6.50 pm Price break a support zone on strength , now next step for , price accepted in zone ???

. wait for BOF/BPB entry.

Trade 1:-PULLBACK

Place Limit entry order @ 3330. And stop is 3334

Now price is not break LWP , I am worried about it but faith on my strategy . time 7.04 pm

Exit 3313

Time 7.15 trend sideways >>> down .

Time :-7.28 pm

 Trade 2:- PULLBACK ENTRY  (confidance on TTF pinbar )

Place 3324 limit order entry ….Entry fill now SL is 3327 . and LWP is 3318 .

Entry with the help of LTF …and LWP triggerd now wait for tgt.

Scratch trade @ 3322

TIME :- 7.51

CRUDE OIL INVENTORY :- DON’T TRADE BEFORE 15 MIN. AND AFTER 15 MIN. OF CRUDE OIL INVENTORY ..7.45 TO 8.15 PM NO trade .

Time 7.55 price turned to sideways .

After inventory price is rejected from lower side , now I say Bull are powerful .mkt hands in bull , looking for BULLISH setup in this zone .

Structural boundary

Trading Time Frame

Lower Time Frame

Thank you