Looking for a possible re-entry but will not chase it here after
closing some decent longs Futures on Open. It broke out of a
parallel channel and may be retesting it now with a possible C Wave
up. But then again, my EW isn't great so I may have it wrong
Will wait to see whether it stabalises here for a possible very
small position re-entry long playing for one more leg up. Messy
Indicator is oversold so that's one tick. But still no price
trigger
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Oil
Posted by vimal on 20th of Jul 2026 at 05:11 am
Looking for a possible re-entry but will not chase it here after closing some decent longs Futures on Open. It broke out of a parallel channel and may be retesting it now with a possible C Wave up. But then again, my EW isn't great so I may have it wrong
Will wait to see whether it stabalises here for a possible very small position re-entry long playing for one more leg up. Messy Indicator is oversold so that's one tick. But still no price trigger