숏

USOIL : Daily View. Potential Target $36

업데이트됨

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

액티브 트레이드

Short at $43.8
clean breakout ! surviving on R1 43.01

노트

Broke 43.01 Support.
Targeting 41.71

거래청산: 타겟 닿음

Target 1 reached
We also breached Important level 42.

노트

Taking Partial close. step by step.

거래청산: 타겟 닿음

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

노트

Very close to 41. wooohoo

노트

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.

노트

Made strong Upmove, Watching Trendline to break.

노트

We have Breakout at 43.30
Possible scenario

노트

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

매매 수동청산

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.