Alexander_Nikitin

ukoil. unified gartley

Short
Alexander_Nikitin Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
A potential unified gartley is near completion. A high probability of price to decline after the sell zone is hit.
Trade active:
now the pattern is completed.
Comment:
TRADE MANAGEMENT: TARGETS WERE ADJUSTED AS THE REAL REVERSAL TOOK PLACE HIGHER THAN PREDICTED.
Trade closed: target reached:
First target is reached. Usually at this level I cut my risk by moving the stop beyond the D-point reversal. But in this situation the D-point reversal appeared higher than the X-point that's why the stoploss order is left unchanged. I don't close half position either.

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