US OIL broke below the flag! Sell at current, Target $22! Short

Crude Oil FuturesNYMEX

Description

⋅ Mar 11, 2015 2:59 PM

Sell at market (47.50) with target at 22 (80% of distance of the flagpole from the break down point)
Stop at 51.50 (above week high)
Risk is 7% Reward is 57%

Comments

aibek

⋅ Mar 18, 2015 6:23 PM

CLOSED at 43.75

aibek

⋅ Mar 16, 2015 6:46 PM

MOVE stop to entry at $47.50

dvitoria

⋅ Mar 11, 2015 3:37 PM

I don´t agree. Today inventories were good but not that good.

aibek

⋅ Mar 11, 2015 5:03 PM

Thank you for your comment. Let us live and see. It's just my idea.

altcoinbonanza

⋅ Mar 11, 2015 3:00 PM

Thanks, love your charting. Keep it up.

aibek

⋅ Mar 11, 2015 3:04 PM

Hello! Thank you Altcoinbonanza (it's easier to chart the graph than type correctly your nickname :-) ) !