2304 4H PLAN USOIL update buying plan with RR>5
Hello traders
Now it is 23rd April Friday. Just few hours before Newyork session. Euro session already start.
This is a new video update on USOIL that planning to open buy soon.
Yesterday we got a old video that hoping the support line of the flat channel could stop OIL dropping. It did. And now connecting these lows from the bottom, we got a new channel to follow. USOIL has passed through the average band of the bollingerband which is a good sign for us too.
This plan is waiting for a sideways for us to set up a new trade with a target of recent high first with potential risk to reward ratio equal to 3. It would be higher if you take the whole swing just happened last wk as wave A and the correction happened this wk as wave B. Now you are doing a right thing to follow main trend on daily and weekly chart by waiting confirming signal to start wave C.
The end of possible wave C up to ext 1.27 fibo could be 66.15 with a potential RR higher than 5.
Good luck on waiting for your confirming signal.
Don’t forget to support me with likes and comment down there what’s your thought.
LESS IS MORE!
Now it is 23rd April Friday. Just few hours before Newyork session. Euro session already start.
This is a new video update on USOIL that planning to open buy soon.
Yesterday we got a old video that hoping the support line of the flat channel could stop OIL dropping. It did. And now connecting these lows from the bottom, we got a new channel to follow. USOIL has passed through the average band of the bollingerband which is a good sign for us too.
This plan is waiting for a sideways for us to set up a new trade with a target of recent high first with potential risk to reward ratio equal to 3. It would be higher if you take the whole swing just happened last wk as wave A and the correction happened this wk as wave B. Now you are doing a right thing to follow main trend on daily and weekly chart by waiting confirming signal to start wave C.
The end of possible wave C up to ext 1.27 fibo could be 66.15 with a potential RR higher than 5.
Good luck on waiting for your confirming signal.
Don’t forget to support me with likes and comment down there what’s your thought.
LESS IS MORE!
