Tradesmanship
Short

USOIL - selling based on Mongerskit Trading System

FX:USOIL   CFDs on Crude Oil (WTI)
We had a sell signal from the system, so we know the general direction of the pair, and now we are facing a pullback after breaking support, will sell after the pullback is over.
Trade active: retesting on the trendline done, selling
good call...thnx
Reply
It is very possible we finished the decile as qwe are in an harmonic pattern and poont D is at around 42.9$.

As we touched 43.7 it seems to be enough and now we should test point C wwhich is standing at 53$ before going to 60$.
Although we broke the general tredline standing at 47,
It could be a temporary break , for this to be confirmed we shour move fast higher and mange to stay there ..
Seems we are ready to do so!
Big volume on friday more than thursday,
Closing at the high of the day .
All indicators pointing up on daily and below frame..

Be caution if shorting you would probably be squeezed out...
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