With CTF crossovers oocuring and strong rally upward, we are looking at a great potential buy setup here if we can get a break through the cloud as well. Watch Closely!
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CTF - USOIL
Chart timeframe - 4hr
Area of interest - 44.55 , 48
Potential target 1 - 46.45
Potential target 2 - 47.50
Potential extended target - 48
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Trade Safe everyone!
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CTF - USOIL
Chart timeframe - 4hr
Area of interest - 44.55 , 48
Potential target 1 - 46.45
Potential target 2 - 47.50
Potential extended target - 48
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Trade Safe everyone!
Comment:
all crossovers and breaks met except the current resistance trend line displayed. no trade entered until I can confirm it will break and hold
Trade active:
Looking for target 2!
Comment:
Target 1 was reached but still looking for that TP 2 hit!
Trade closed: target reached:
Sorry for not notifying on reaching TP 2, but we made it and trade closed manually. Never forget to check yours charts every so often to avoid any mishaps or adding in your targets within your trades so you can take profits if you are inactive from your charts for sometime.
Cloud rejection along with MA50 rejection, CTF might be looking to head down to -176.4 level. $43.63 maybe another test for lows.