Amazing 1.272 EXT and multiple AB=CD FOR OIL T Long

Crude Oil (WTI)FXCM

Description

⋅ Oct 26, 2015 5:36 AM

Amazing 1.272 EXT and multiple AB=CD Pattern here.
The First Drive is A-B
2nd Drive is C-D
3rd Drive is E-F
the D is 1.272 of AB
and the F is 1.272 of CD
And the F point is also the 1 to 1
completion for both (A-B and C-D)
Blue pair and Red Pair, pointing
to the same area: 44.20

we can enter a long position here
SL: 43.90

Comment

⋅ Oct 26, 2015 8:51 AM

Nice Reversal.
in the money already

Comments

JokerIII

⋅ Oct 26, 2015 5:54 AM

Hello..thanks for share this idea. Sorry but...what is theTP=?

tntsunrise

⋅ Oct 26, 2015 6:16 AM

a 0.382 and 0.618 from the swing high to swing low

coolingla

⋅ Oct 26, 2015 5:39 AM

Just gave you a thumb up.