PateSkpate

Crude Oil CL 1hr TCT, Fib Inversion, & Cypher

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PateSkpate Обновлено   
FX:USOIL   Нефть марки WTI
Well its been no surprise that CL has been in a bear trend for quite some time. We will continue to keep selling the rallies. I just missed my fill on this trade. Maybe it will come back up for me.. We will see. The TCT was based on the 78.6% fib retracement and Fib Inversion Trade which completes at the 1.618% ext. The pullback also put in a harmonic move (not shown on chart).

Entries, Stops, and Targets are all shown on chart.

The Cypher Pattern i'm not worried about right now because its a long ways away and we could re-visit previous lows and still have the Cypher Pattern Valid.
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Congrats on the guys that caught this TCT. Orders are cancelled and will look to sell the next rally.

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