dionvuletich
Short

USOIL Daily 2x Shark Patterns

FX:USOIL   Crude Oil (WTI)
294 3 3
USOIL             - 2x Possible shark patterns lining up with long position targets

Will be triggering a stop and reverse short for at least a short term retracement
Trade closed: target reached: Long trade closed for 9:1 win
Trade closed: stop reached: Shark pattern 1 stopped out for 1R loss
Trade active: Shorted Shark pattern 2 around $41 looking to target 1 at 37.36 and target 2 gap close $29.64 on daiy chart
Trade closed: target reached: Taken target 1 out for 2.5:1 winner stop to be on 2nd portion hoping to reach $29.64 but will be trailing stop above lower swing highs
Very good pattern identification Dion. My bet is on no.2 with a target of ~40, provided the very strong resistance around 33 is overcome.

snapshot
Reply
dionvuletich cfetrader
I totally agree, I am actually position long oil but I like the upper level better for a short
Reply
dionvuletich dionvuletich
9.2:1 winner - looking to sell....
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out