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oil Russell

oil Russell

12.5.21 I hesitate to upload this video. It is not a trade video. Markets the trend a lot lower to support but have a couple of bear flags or a three drive pattern, which is a reversal pattern, are likely to move higher. The market is already five points off the best entry, so were really too late for the long trade. The reason why I bring this up is that in earlier stages of my trading, I would be frustrated when the market would make very shallow reversals and then continue going lower when I'm trying to be a buyer, but this is how they reverse much of the time. This is more about how the market finds buyers but they get stopped out a couple of times and that this is when a market is likely to reverse when it is actually made a new low. Just think about it a little bit and let's see what happens.

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