Crude Oil Waiting for my Trade ,on QM 04-13 1440min E-mini Futures

oil trading

Crude Oil Daily Chart

Crude Oil short trade to take very soon. even if we can see Crude Oil going “Long”, I’m not focusing on this trade. First, this trade already start few days ago, and not much profits left to do. Is why I’m watching the “Reversal” trade to take soon. Is not yet done  but will be an Amazing Short call to make if I get what I want.

Also, because this trade may go to fast,and we have few resistances, I probably won’t have time to make my “Short Call”. But this what should happen to get a short trade and what to take in consideration.

2 places where we can see a “short call”: 1st: at “small resistance” and at “reversal point”

Take short, on “small resistance” : if we do, I won’t take it. Sellers will get in market to fast,And I don’t think they will be able to go to far.

Take Short on “reversal point”: This is the price level I’m looking to take my Short.

This what should happen: I would like to see buyers try to go to the double top ~94.445. But with 50MA and 200MA they will have hard time to close above this price (they should not!). And at this level, sellers will be there to bring buyers price lower than 200MA or even 50MA. And then. depending how market will close, I may give my short call. Will be more precise in futures if i don’t miss this call.

What to watch for also: Sellers should not get in the market to fast and let buyers go higher. And buyers volume should stay same level as now ( less than 6000). Yes, we have many thing to watch and wait, but I won’t risk my money, if I don’t see exactly what I want.