scofflaw
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USOIL sell off

TVC:USOIL   WTI 原油
The sells offs in oil             are gaining momentum. A nice, weak retracement back to around 53 would make for a potentially favorable short. Let's see if it can reach that area first....
评论: There's probably a reversal gartley pattern in there somewhere for this who trade them :)
评论: updated "analysis" with explanations on hourly chart:

snapshot
评论: Part 2:

snapshot
评论: No trade yet. dont take the bait
评论: Updated buy zone, in case price would rather be bought first, or for your first TP.

snapshot
交易开始:
snapshot
Would make a good head and shoulders, if the above happens, who wouldve thought...
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Could you not interpret the pattern as a bear flag?
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scofflaw sidhuco
@sidhuco, I am showing my reasoning for selling at a certain price point. I dont tell ppl to sell or buy flags. Flags are just an indicator, they tell you zero on where to enter.
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