nakedchartist
Short

Brent Crude short upon bear flag break to rejoin downtrend

MGEX:CB2!   Crude Oil Brent
Too bad I do not have h1 data, as usually I will try to vizualize my setup in h1.
currently there is a bear flag channel forming and close to completion.
Upon break I will look to short, target till ~100 round number, give and take.
Just a primitive play , trend folowing but still utilizing my usual setup to get in.
I also have macd divergence on the h1 as one of the key criteria, but this cant be shown on the day chart.
this has been a satisfying trade, adding steel and confidence to my setup identification. What I need to acknowledge will be that I may have to wait longer sometimes in order to reach my objectives.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out