skrotkalle

UKoil 240min, clone-idea, short-setup before bottom.

Short
skrotkalle Updated   
FX:UKOIL   CFDs on Crude Oil (Brent)
UKoil 240min, clone-idea, short-setup before a new bottom $49ish ALT.1 (or ALT.2 $47ish).
I will provide charts in smaller TF, for a possible up, move C > D, before turn down, move D > E.
Just now, it's some BULL DVG, in all 3 indicators....
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Got some help from nmike too.... and I notice I had not put an arrow dowm from todays level. Anyway it moves, I will try to catch it in a lower TF-chart, and post here.
s3.amazonaws.com/tra...shots/v/VTNP7ASJ.png
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Small triangel will be the first one, to have an eye on Monday-Thusday. Some sideways, and a break could happen there....
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15min , close on, watching priceaction monday....
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Down in the triangel..... bear-flag ?
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30min..... still in a indecision stage here..... FLAT BULL dvg is still there, so not easy to decide here. I watch further, and see the development.....
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Maybe looks little bullish now..... short-term....
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Back up into triangel, so if it was a fake break down, then we have to watch for more upside also... let's see
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OK, then oil are at the upper target D, so now I have to watch for if it should be a short/sell from this lavel..... I will try to give a chart if that happens...
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Trade active:
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FIB.ext 1,618 = 52,02...... I wait and see if this is a FAKE-break.
Big BEAR dvg in MACD.....
Trade closed manually
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Watching if it develope some resistance here at R2, $52,44. Bear dvg in 15min, and I want it in 30 min too....
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I was way to early to catch a short so far....
No we have some signs for maybe a short-setup again.... let's see.
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Trade active:
Order cancelled:
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60-70 cent down ?
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My orginal idea has been just terrible wrong, have ignored the BULL-signs at bottom.
But, now the price is at a maybe resistance-level $55...... let's see if it has to take a rest down here....
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oil correlating with CADUSD, seems like....
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