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tntsunrise
May 22, 2018 7:34 PM

OIL complete AB=CD Short

WTI CRUDE OILTVC

Description

OIL complete AB=CD

and price failed to break 73.

in 4h timeframe, we found a bearish engulfing

in 1h timeframe, we found an Inside Bar break down

Therefore, we can sell USOIL now
SL 73.10
TP1: 70.80
TP2: 68.00
TP3: 61.00

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Here is an Insdie Bar break down
and also retested the broken structure of 72.30

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TP1 HIT

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+140

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+280

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+400 PIPS

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correction end.
another fall will come

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Again we see the power of AB=CD

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3 trade in oil recently, lose 2, win 1.
still positive 400pips
Comments
johnjlw
Hi Jack , i am still learning for the last couple of years, never gone live, but testing your strategies on demo gives me all the hope in the world that i really could make a extra income from trading, and believe you me, here in South Africa , one is really going to need it.Thanks a lot for uplifting your brothers and sisters around the world. With people like you, we stand a chance against the 1% on the top of the food chain.
God bless you Jack.
Cheers
solenmike
@johnjlw, nice post
Tara
Any update on this chart? Thanks.
AT2020
chuminh222
How do you set multiple take profit? Or you do it manually
elfarouk-fx
@chuminh222, USE CTRADER
Tara
Hello, Many thanks for sharing this graph. After profiting until 68, I opened some Long positions from 67, unfortunately it continued to drop until yesterday. Is there a chance that it will pull back before it continues dropping to 61? Any update on the chart? Thanks again.
KahilYellen
Jack...your the best bro. Only seeing this now. But your approach is always Gold
adha1985
is it still open with tp 61.?
Thanks
BlackBeatMT
@adha1985, same question here, trade still open, seems to go lower and lower
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