zhipengcfel
Short

Trading setup for usoil (2016-08-09)

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
3 months ago
USOIL             met a big resistance at upper line of the decline channel and was rejected back yesterday. It forms a nice short setup if it breaks down the sharp rising channel.

Good luck for everyone!

No confirmation, no trading!

Notes: if it breaks out of the decline channel, this setup will be invalid!
3 months ago
Comment: It seems that it got supported from the rising channel. This setup might be invalid. I will open long if it breaks out of the decline channel.
3 months ago
Trade active: Double top formed.
3 months ago
Comment: The double top neckline was broken. Nice progress!
3 months ago
Trade closed manually: Choppy oil~~~
3 months ago
Trade active
3 months ago
Comment: Triple top formed!
3 months ago
Comment: Nice progress! The triple top neckline was broken!
3 months ago
Comment: TP1 was touched! 41.8 was broken. I move the SL to 42.28.
3 months ago
Comment: Half of position was closed. The remaining SL moved to 42.17.
3 months ago
Trade closed: target reached
prasanro
3 months ago
sir good analysis please posted continuously forever to learn novice trader like me
+1 Reply
zhipengcfel prasanro
3 months ago
Thanks. I will update for each setup. After closing one setup, I will post a new one.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out