AlejandroCL7
Long

Oil possible Bottoms

FX:USOIL   Crude Oil (WTI)
317 0 7
5 months ago
I'll be looking for signs of reversal once we reach any of these points. Although I'm thinking the 0.5 Fib more likely to be the bottom, I can't rule out the 0.618 Fib. Shorting beyond this point is not advisable. W/L Ratio is not good
5 months ago
Comment: The point for a perfect Inverse Head & Shoulders was arround 39.3 which got hit yesterday an then again earlier today.
https://www.tradingview.com/chart/Ni6Tx3UO/
5 months ago
Comment:
snapshot
5 months ago
Comment: On our 4hr chart, looks like Oil is making a wedge, meaning it could fall some more, and possibly make a new bottom. So I recomend being careful with longs. This could be a short opportunity (but risky) once the wedge is broken.
5 months ago
Comment:
snapshot
6 days ago
Trade closed: target reached
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out