Andrey.Ustinov
Long

Oil wedge for retrace

NYMEX:CL1!   Light Crude Oil Futures
206 3 7
today we can se third attempt to break wedge support but still hold
i expect bounce at 47.1 where i putted buy limit order
SL for this trade 30 pips
Trade active: Buy limit at 47.1 activated
SL for that trade 30 pips

Would add buy stop on the way up near wedge resistance
Trade closed: stop reached: Wedge broken - so pattern excluded
now that we had the huge bounce at 45.8 up to 48 do you think we continue up or was it a false move and we head back down?
Reply
Bounce to where though....do you think....for profit take?
Reply
at least 49
perfect tgt for me 50.4
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out