faylee
Long

OIL retrace in "D" leg, long term in bullish channel

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
2508 40 81
3 months ago
Short term plan: Sell at 47.9-48.1
Long term plan: Buy at 45-45.1
3 months ago
Trade active: My short term long position was closed as soon as the target approached
Then i shorted at 48.2 in accord with my plan.
3 months ago
Comment: I've moved SL to 48.2, just covered my cost
3 months ago
Comment:
snapshot
3 months ago
Comment: I have pocketed some profit at 46.5, as i'm concerning about the MACD div.
Today's close is critical for us to issue further trade plan.
3 months ago
Comment: I've cleared out the short positions. It's broken out $47.25 now.
Sharp eye, Fei !!! Bravo.
Reply
faylee One_Trade_A_Day_777
3 months ago
oil may bounce a little, take care
Reply
bolsistico faylee
3 months ago
wow..big upside reaction...maybe correction is finished?
Reply
faylee bolsistico
3 months ago
possible, but i still executed my plan.
+1 Reply
agnikaran faylee
3 months ago
hello sir/ mam
i am ur follwer
can u teach me some analysis
Reply
SilverFox
3 months ago
Hi Im short @ 46.68 ....Then a spike???
Reply
faylee SilverFox
3 months ago
hey, you short too early...if break out 48.4, i'll close my short position
Reply
SupraBoy faylee
3 months ago
Good move. Tomorrow will be interesting. The Iran news caused this spike, not sure how long it can sustain.
Reply
SilverFox faylee
3 months ago
Hi Dropped nicely.
Reply
faylee SilverFox
3 months ago
Yes, on it's way
Reply
SilverFox faylee
3 months ago
Good Morning, Sell Breakout line = +- 46.5767 with support @ 45.70 region..
Reply
MindTrader
3 months ago
Faylee excellent predictions only complain is your chart is not clear, plz don't use that fib scale that disturb a lot.thanks
Reply
faylee MindTrader
3 months ago
ok!Thank you for your suggestion.
Reply
takchangik
3 months ago
wow good but me thinks 48.31
Reply
faylee takchangik
3 months ago
Nice!
Reply
mjk123
3 months ago
amazing!
Reply
hisham101010
3 months ago
Good job ,, is it good now to sell??
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faylee hisham101010
3 months ago
No. If you missed, wait till it broke 47 again
Reply
hisham101010
3 months ago
Big thanks
Reply
Shishim16
3 months ago
very good analysis I'm learning from you
Reply
Soumendra_7
3 months ago
why should wave analyst use bar chart any speciality ?
Reply
VRShaiju
3 months ago
Well done Queen..! Keep Going..!. Watch out for a triangle in case we didnot get the C of D.
Reply
faylee VRShaiju
3 months ago
Thank you:) Could you post your chart here?
Reply
VRShaiju faylee
3 months ago
Sure..! As expected broke down, but not like angry C :). I am expecting a 4th wave here as flat correction. Because we are inside an expending diagonal of violent C.
snapshot


Here is the big picture
Oil Set for Long


GL with your trade mate. I exited my short..! not looking for long
Reply
faylee VRShaiju
3 months ago
ic,thank you for your sharing, i'm updating my plan, could you give me some further advise?
Reply
SilverFox
3 months ago
45.44 = 61.8% from 49.35
Reply
aashirwad
3 months ago
Thanks to your advice & judgement
Reply
SilverFox
3 months ago
Sell Breakout for today =46.0599 with support @ 45.47
Buy Breakout=47.4801 with resistance 48.06
Reply
Roncriss
3 months ago
I see this on Oil
USOIL NEXT MOVE
Reply
faylee Roncriss
3 months ago
yes, i agreed, thank you for your sharing.
Reply
Roncriss faylee
3 months ago
Thank you
Reply
AYosof
3 months ago
does this mean long from here?
Reply
faylee AYosof
3 months ago
no.,i'll wait for today's closing
Reply
AYosof faylee
3 months ago
Hi Faylee, you were waiting for todays closing what do you conclude long or short and entry points and targets?
Reply
MeshalAlnashri
3 months ago
hey there, hi there, ho there. i need help. i can't find the usoil chart :( what should i type in the search bar to start analyzing?
Reply
faylee MeshalAlnashri
3 months ago
hey, try the code "CL1!"
Reply
MeshalAlnashri faylee
3 months ago
thank you fay! well, I better get to it then. bye.
Reply
MeshalAlnashri faylee
3 months ago
hey fay what are your thoughts about this scenario, i'm learning still.
incomplete head and shoulders spotted!
Reply
MeshalAlnashri faylee
3 months ago
i think if channel is broken we might be in the third wave of an impulse wave. if not we're in correction.
Reply
thulasi
3 months ago
oil is forming a descending wedge on a 4 hr chart and ready to break it to the downside towards 43 dollar which will overlap wave a meaning we are in a monthly down trend oil is heading to 10$ a barrel
Reply
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