morshedul.sazid
Long

OIL Bullish Bat Pattern confirmed Long with AB=CD

NYMEX:CL1!   Light Crude Oil Futures
1185 10 30
Waiting for price to hit 39.17, this is where the bat pattern completes. Already Ab=CD completed at 40.30. We have a nice RSI bullish divergence . As we know this divergences does not work alone, need to be confirmed by other methods, so I have a bullish bat formation and also a AB=CD pattern. Targets would be at 43.02 and stops at 36.07.
Dangerous...good luck.
+1 Reply
Thanks bro :)
Reply
manoj15 morshedul.sazid
if the break out in oil is there than can we short usdcad?
Reply
I do not trade like that: neither Do I suggest. I just do not do Pair correlations. If i have a short opportunity there in usdcad then I will sure take it :)
Reply
manoj15 morshedul.sazid
Sir but usdcad and oil are always correlated. i have experienced it.
Reply
Yes: I agree. But thing is: I will only short usdcad if I have a selling opportunity :). Any Bearish pattern.
Reply
manoj15 morshedul.sazid
thanks for the advice. i am just learning.
+1 Reply
Good luck!
Reply
Still holding my monthly support zone. Can't find enough momentum yet to breakout
+2 Reply
morshedul.sazid themarketzone
We need to wait more maybe :)
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