USOIL : Daily View. Potential Target $36

23 июл. 2016 г.

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

25 июл. 2016 г.

Сделка активна

Short at $43.8
clean breakout ! surviving on R1 43.01

26 июл. 2016 г.

Заметка

Broke 43.01 Support.
Targeting 41.71

27 июл. 2016 г.

Сделка закрыта: достигнута тейк-профит цена

Target 1 reached
We also breached Important level 42.

27 июл. 2016 г.

Заметка

Taking Partial close. step by step.

27 июл. 2016 г.

Сделка закрыта: достигнута тейк-профит цена

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

28 июл. 2016 г.

Заметка

Very close to 41. wooohoo

4 авг. 2016 г.

Заметка

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.

8 авг. 2016 г.

Заметка

Made strong Upmove, Watching Trendline to break.

8 авг. 2016 г.

Заметка

We have Breakout at 43.30
Possible scenario

12 авг. 2016 г.

Заметка

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

12 авг. 2016 г.

Сделка закрыта вручную

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.