BOIL BULL NenStar 300% potential

BOIL has entered a bullish NenStar harmonic pattern.
Phoenix and Stochastic VX3 indicators in highly oversold range.
Trade to pt1 is 7.7 Risk/Reward ratio, with 300% potential.

Comment:

Today's close will be below Nadaraya-Watson 1D window (long signal)

Comment:

NG1! 1h has entered a bull crab harmonic, with pt1=5.137, this corresponds with the the more extreme 3x derivative nen-star found in BOIL.

Comment:

NG1! stoploss for the bull crab is 3.872 if you're trading of that setup instead.

Comment:

ng1! double bottom formed overnight on 1h, 4h bull crab entry and nearing entry point for bullish butterfly on 4h.

Comment:

Original trade with 8.86 sl, pt1=57.64 still valid and in trade

Comment:

NG double bottom is forming as expected (not yet confirmed). Expecting a strong bullish movement on NG to 4.984 (pt1) before bearish retracement back to retest the recent double bottom low, taking BOIL higher at 2x. To enter at this level, placing a sl just below the double bottom will greatly increase the rr ratio on the butterfly trade. 100% profit at pt1, then reenter when the butterfly retests bottom for pt2.

Comment:

Here's the NG trade details if you prefer not to use BOIL.
www.tradingview.com/...it-27-1-risk-reward/

Comment:

This trade has hit stoploss