No trigger long on oil yet, still waiting on BOT long. Bear trap did not hold, but using our trigger / entry rules of requiring a BOT for entry never executed a sweep in long entry. Once again, we need a break of prior day's high for confirmation, this is where long orders are pending when a signal forms. The break of prior day's high is the "trigger" / execution point.
We will keep you posted once a BOT long occurs. As of now, still short and not worth trying to catch a falling knife.
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