Hi,
US OIL heading to bearish crab territory - levels highlighted on chart.
Aggressive entry : Limit order at 1.618XA = 71.9
Stop : +10 to 20 Pips
Conservative entry : Watch Price action on lower time frame ( 1 hr) & enter if get reversal price action such as double top or candlestick formation
Target 1 - 38.2% of AD leg , when attained move stop to breakeven or book partial qty.
Target 2 - 61.8% AD leg
Trade with care,
Gulz
US OIL heading to bearish crab territory - levels highlighted on chart.
Aggressive entry : Limit order at 1.618XA = 71.9
Stop : +10 to 20 Pips
Conservative entry : Watch Price action on lower time frame ( 1 hr) & enter if get reversal price action such as double top or candlestick formation
Target 1 - 38.2% of AD leg , when attained move stop to breakeven or book partial qty.
Target 2 - 61.8% AD leg
Trade with care,
Gulz
Commento:
Trade attivo
Trade attivo:
Nice rejection ..
Trade attivo:
Free fall
Trade attivo:
This trade taken time more than anticipated as it was forming wedge pattern ... finally we got strong bearish price action, we can aim our targets with stop above 73.. new positions can also opened at cmp 72
Trade attivo:
Wedge broke down on the hourly chart
Trade attivo:
Hope a close below the green line may trigger the fall
Trade attivo:
awsome move
Trade attivo:
Trade attivo:
280 Pips
Commento:
Free fall .. +450 Pips
Are we on wave 3 ? its always dream for a trader to get entry on wave 3
Are we on wave 3 ? its always dream for a trader to get entry on wave 3
Trade chiuso: obiettivo raggiunto:
First Target hit
Last low @ 65.82
Book half position and hold remaining for target 2 ( by trailing stop)
Last low @ 65.82
Book half position and hold remaining for target 2 ( by trailing stop)
Trade chiuso: obiettivo raggiunto:
64.2 is the last low .. move stop close to 65.5 or close the position entirely..
It was looking a zig zag (abc) correction, soon the trend may change to bullish
It was looking a zig zag (abc) correction, soon the trend may change to bullish