USOIL : NO DIRECTION SO FAR - NEW WEEK, STILL IN THE TRIANGLE
Hello and welcome here, followers and newcomers!
As many ideas I posted here these last weeks, USOIL gets often in triangles and goes sideways before finding its own direction for 100 pips / 300 pips (Example : $39.00 on September 8th to $36.00 at the end of the same day!)
Sometimes there are fake dropout or fake up-going spikes, you need to be careful about those as it could never come back again for you to close it without losing any money. (Going up or down 20/30 pips then recovering)
Happy trading is a safe trading with your risk managed!
If you enjoy my work, please leave a LIKE and FOLLOW! Thank you!
As many ideas I posted here these last weeks, USOIL gets often in triangles and goes sideways before finding its own direction for 100 pips / 300 pips (Example : $39.00 on September 8th to $36.00 at the end of the same day!)
Sometimes there are fake dropout or fake up-going spikes, you need to be careful about those as it could never come back again for you to close it without losing any money. (Going up or down 20/30 pips then recovering)
Happy trading is a safe trading with your risk managed!
If you enjoy my work, please leave a LIKE and FOLLOW! Thank you!
Comment:
We are near the end of the triangle!
Don't miss the shot!
Don't miss the shot!
Comment:
In less than 5 hours we will get a outcome!
Since 2/3 trading days ago, this situation is narrowed until the end!
Since 2/3 trading days ago, this situation is narrowed until the end!
Comment:
First breach!!
Wait for a possible reverse, if not it's a sell!
Wait for a possible reverse, if not it's a sell!
Comment:
Double reversal, it looks like it's going to breach the bottom line!
Comment:
Breach top, wait for confirmation!
Comment:
Top line breached! Careful about reversal!
Comment:
Reversal :
Trade closed: target reached:
It's A WIN !
I didn't modify the top line and it got rejected hard from there, so it's still valid :