As previously posted, we believe that Oil has to complete a z wave of a triple three to conclude cycle wave (2) below 67.
So far, we closed the last trade at our breakeven price (79.1) after observing that price action was overlapping and corrective (see the higlighted box.
We then still have 0.8% to risk and we are looking for a short setup around the 0.5 fibo retracement (yellow area in the main chart).
We will update below
So far, we closed the last trade at our breakeven price (79.1) after observing that price action was overlapping and corrective (see the higlighted box.
We will update below
Комментарий:
0.5% fibo is at 82.212, while the level for which a=c in B is 83.7.
Сделка активна:
short @81.8 stop loss 84 0.6% risk
Сделка активна:
0.5 fibo wicked
Сделка активна:
stop loss on entry
Сделка активна:
looking for entering another short positon
Комментарий:
80.32 added short
Сделка активна:
now our average entry is 81.1 risk 0.5% of equity at 82.4.
Сделка активна:
Golden Zone. Stop loss on average entry 81.1. This can still make an higher high.
Сделка активна:
Closed at entry.
Сделка активна:
Restriked 81.4 Stop loss at 82.4 is 0.4% of equity
Сделка активна:
stop loss on entry
