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robus
Jul 23, 2016 1:16 PM

USOIL : Daily View. Potential Target $36 做空

Crude Oil (WTI)FXCM

描述

Crown patterns emerges very evidently. Conventional target $36 which is 0.618 fib retracement.
Any news can give breakout from the pattern and rally towards $54-$55

Be careful

Long term trade
Short Entry Price : 44.30 (Candle Close below)
SL : $ 46.65
TG1 : $43.01
TG2 : $38.85
TG3 : $36.03

Pls refer to all Resistance line (Maroon)

PS. Generally I dont believe in support and resistance theory. Those are heaven for brokers.

Happy Trading

交易开始

Short at $43.8
clean breakout ! surviving on R1 43.01

评论

Broke 43.01 Support.
Targeting 41.71

交易结束:到达目标

Target 1 reached
We also breached Important level 42.

评论

Taking Partial close. step by step.

交易结束:到达目标

We touched 41.74. That is 0.382 Fib.
Now we can see little bounce and consolidation.
though FOMC can change things.

评论

Very close to 41. wooohoo

评论

Breached 40 and made 39.29 Low.
After Data trying for upward correction.
I still have same view. Oil is bearish at least till 36.

评论

Made strong Upmove, Watching Trendline to break.

评论

We have Breakout at 43.30
Possible scenario

评论

Made very Impulsive candle. might test resistance of previous penant 44.5

交易手动结束

We broke out 44.5 very clear.
we have done the down cycle
first target 46.5 and then towards 51-52 channel top.
All dips are buy for now.
I will end this chart here.
This New bull deserves new chart.
Thanks folks for all likes and support.
评论
btM_Afta
I think that we can go short if we dont break 44.50 im right?? ... i was also looking for more charts about it; and some of them are very similar as my view bro ..
robus
yes ! but with very tight SL. Huge manipulation is waiting there
robus
yes ! but with very tight SL. Huge manipulation is waiting there
robus
yes ! but with very tight SL. Huge manipulation is waiting there
robus
yeah ! eventhough this looks like fakeout to me then breakout
robus
yeah ! eventhough this looks like fakeout to me then breakout
robus
yeah ! eventhough this looks like fakeout to me then breakout
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