Oil Stopped but Reentering...
Well my positions were well in profits and if you took some off the table and protected your positions by bringing your stops to even then you did alright on the first call. However if you were waiting until the 38.80 or 39.00 then we fell and little short and you were stopped. However I am reentering a long from here. Especially if you believe in all that Elliot Wave stuff. Could be a nice third wave set up. I am long at the 34.86 area or 34.31 area depending on the platform and the instrument that you are trading. I have my stop below the 33.66 area and I am looking once again for the 39.00 area. So if you wish to join me then there is the call. See the chart below.
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