FX:UKOIL   Crude Oil (Brent)
1015 2 16
Unfolding swing 8 of the impulsive wave (c) of the flat abc (3-3-5) still in play. Should see $34–35 before a bounce to $60 area.
Comment:
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Comment:
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Comment: Should see action into inflection zone.
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Comment: Something about correlations.
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Trade closed manually: Setup cancelled.
This still actual
UKOIL (Brent)

Related Ideas

Why did you close your trade? Oil is going right way as expected. After retracement there is good opportunity to short again.
Did you close your short and wait for another entry or cancel your trade at all?
Thanks.
Reply
Gorbie AlexVisi
I waiting for retrace to another short. Just cancelled this setup cause it's a probability for double WXY with target above $60.
But Cycle (c) from 27 Feb 2012 still not complete. Awaiting price below $20 in this cycle.
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