wuguangwen
Long

USOIL BULLISH SETUP

FX:USOIL   Crude Oil (WTI)
USOIL             bullish setup @29.30-30.03 SL 29 TP 37.7

the reasons is:
1. 1.618AB
2. 1.618CD
3.wave 1 = wave 5
Trade active: Trade active,and TP is changed to 33.
snapshot
Trade closed: stop reached: Trade closed: stop reached.
nice one but
No reason to long this security at the mom
Macro Economics including the frustration between Saudi Arabia and Iran is bearish news
Possible 29-26 bottom in the next 6-12 Months
Reply
wuguangwen 08.hari
you r right.This idea just a short-term strategy.
Reply
wenshan 08.hari
agree
Reply
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