quantafund1979
Long

LONG CHANCE FOR USOIL

FX:USOIL   Crude Oil (WTI)
9 months ago
AB 1.618 Extension and AB=CD
Strong left structure
Observe the bullish price action when it retrace 42.48.
There is chance to LONG USOIL             at this support level .
Stop loss is below 40.90, maybe 40.70.
Target point is 51.00
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You can also SHORT USOIL             with light position at 46.18 since it is the 1.27 Extension of AB
STOP LOSS is 46.9
Target Point is 42.48
9 months ago
Comment:
snapshot

Potential Cypher pattern found by my teacher Jack (tntsunrise: ranked 5th in all time classfication)
9 months ago
Comment:
snapshot
9 months ago
Comment:
snapshot
9 months ago
Comment: It's a pity that the price did not go to 42.48. I have no chance to long it. Now it seems to go straight to 51. let's see if there are any chances to short oil by then.

Related Ideas

AYosof
9 months ago
still bear?
Reply
quantafund1979 AYosof
9 months ago
short position should be place at 46.
not now.
that's my suggestion.
Reply
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