Oil futures popped 2% overnight and cleared the gap fill. Next resistance sits at $104 — that's where the horizontal blue line meets the yellow trend line. Major level.
I'm short from higher up, started small so I can layer in as it climbs. $104 is a key spot, but I might skip adding there since it's still too close to my entry. Won't move my average enough to justify the risk.
Watching for a better add or a reversal signal. Trade the level, not the hope.
I'm short from higher up, started small so I can layer in as it climbs. $104 is a key spot, but I might skip adding there since it's still too close to my entry. Won't move my average enough to justify the risk.
Watching for a better add or a reversal signal. Trade the level, not the hope.
