captain_smollett

USOIL. Using a bullish momentum

做多
FX:USOIL   原油差价合约(WTI)
After a huge bearish trend which took days to develop, looks like yesterday we entered into a short-term bullish momentum.

If confirmed, it should be completed between today and next Tuesday. Will open a long position at 40.31 which is a 50% Fibo retrace from yesterday´s movement. TP: 44.50, SL: 39.50.

This movement was a part of my longer term EW setup. Therefore, if this bullish movement happens, I will post this long term trading setup.
交易开始:
Advancing well. Looking to add long at the nesrest dip
交易开始:
All longs to breakeven. Growing USD has never been good for commodities
评论:
It is quite clear now that the bullish impulse we´ve lived since a couple of days ago is not a definitive reversal on oil.

W1 and W3 are zig-zags, therefore it is a correction. Will try to post a longer term movement on a weekend. For now, I keep my only left long at breakeven.

Will add long only if I see a sharp movement up
交易结束:到达目标:
Target reached but the movement wasn´t a clear 1-2-3-4-5 movement, there were plenty of zizags which mean a correction rather than a start of a new trend.

Still expect oil a little higher, then one more leg down

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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