The dynamic trading markets need dynamic trading tools for profitable trading. Crude Oil is one of the most dynamic trading instrument traded across the world.
Identifying the substantial shifts in trend in such markets is not the easy game. The one such substantial shift in crude oil trend occurred on Monday hourly chart.
Time-based trading techniques always result in substantial trading opportunities. One cannot take their reversal signals lightly.
After the Monday solid turn on Tuesday price started rising. But that up move was not at all meaning full because a shift in trend cannot take place till Time permits.
The Tuesday move was like an opportunity to add more in shorts; the Blue horizontal line is representing the Price Time reversal point for a shift in trend.
Crude Oil went up but failed to pass that point. Hence on the same day, crude oil prices witness the significant fall of around 4% in single trading day.
If we see our Monday shift signal helped us not only pick the opportunity but also saved us from Tuesday false up move.
Remember, knowledge only brings profit into account.
Don’t miss to grab this opportunity; such Game changer learning doesn’t come again and again in life.