USOIL : SIMILAR PATTERNS FOR THE DOWNTREND?
Hi traders!
I rarely touch USOIL because of the nature of how it trades. In this pair, I'm usually very patient to see confirmed patterns on the daily or weekly timeframe to confirm my analysis. I think that's what I'm seeing now. USDCAD kinds of confirm it also. RSI couldn't be happier to prove us right.
USOIL SHORT
ENTRY : 49.145
SL : 49.94
TP : 47.25 & 46.28
Trade safe!
I rarely touch USOIL because of the nature of how it trades. In this pair, I'm usually very patient to see confirmed patterns on the daily or weekly timeframe to confirm my analysis. I think that's what I'm seeing now. USDCAD kinds of confirm it also. RSI couldn't be happier to prove us right.
USOIL SHORT
ENTRY : 49.145
SL : 49.94
TP : 47.25 & 46.28
Trade safe!
Trade attivo:
ENTRY @ 49.145
Let's see now what the PA does and tell us!
Let's see now what the PA does and tell us!
Commento:
Trade chiuso: stop raggiunto:
We got caught in that last wick before the drop. Analysis was good, entry wasn't. Will take that in account next time around!
Now we are in profit!