Tradingwithtamil

UKOIL: FIRING THE POTENTIAL CRACKER-BEARISH.

Short
Tradingwithtamil Updated   
TVC:UKOIL   CFDs on Brent Crude Oil

UKOIL SELL PLAN: In a 4Hr time frame, market printing the signals as a complex Impulse reflection; after the reversal from 79.35 enormous abnormalities observed in the price movement.
Currently, market firing the down candle @ 75.18 and an impulse fall correction from 75.87 adding extra fuel to the downfall. The signal has enough potential to break the trend, as consequence breakout action may tend a pullback re-action to stabilize the fall. On the contrary, if the price range continues sentiments with bull means, end the trade at 76.89.

GET READY TO SKID ON OIL.

SIGNAL SPECIFICATION:

Pair: UKOIL

Order: SELL

Entry: 75.18

Take profit: 71.68

Stop loss: 76.89

Risk Vs Reward: 2.05

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Trade active:
Cracker yet to hit the mark. +260 pips down.REAL PROFITS.

Stick with the plan.

Happy trading.

Trade active:
Trader's who are all miss the pullback zone get ready; one more down fire is on the way.

After the complete pullback action singles start to fall down.

EYES ON THE CHART AND DECIDE YOUR TRADE.

Trade closed: target reached:
TP HIT 350 GREEN PIPS


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