Socratesinc

UKOIL - Buy

Long
Socratesinc Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
Oct 11th, Sunday @1:21 am EST. Couldn't sleep so I began looking for entries.

Ichimoku Cloud shows us a buy, price is currently testing yellow EMA line.
We see a perfect high, low, high, low: expect price to buy from where price currently is.
Missed the 38% entry, price is currently at the 30% level.
Possible W formation being created on the 4 hour time frame.
Looking for price to break through resistance zone (white line) 43.60

Placing a buy as soon as the market opens.
Trade closed manually:
See a double top forming on the 4 hour time frame, might sell off. Closed trade with a 90 cent loss.
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