FX:USOIL   CFDs on Crude Oil (WTI)
Hi all!

US oil             bounced off the level described in my previous US oil             post, just 10 cents above the 50% Fibo of waves 1-3.
The reversal is fast and furious.
Looks like many stops were triggered on the low.

If count is valid then we can see much strength ahead!

Entry current 31.15
Stop 27.00 (Right below the low)
Target 57.00 (just ahead of 38.2% of wave 3)

Happy trading!
Trade active: Apologies! It is natural that trade is active as soon as title is "buy at current"
Comment: Hello friends!
If the price will advance further I would look into moving stop to break even and will update you accordingly.
Comment: Hello everybody!
Looks like dust has settled down and the price doesn't look back.

Let's move stop to break even (31.15) to enjoy safe ride.
Best wishes!
Comment: Hi friends! Corrective moves are often complex and can revisit old levels before final 'no-look-back' break through.
I want to share my current view. Our long now is under risk as wave (B) (yellow in chart below) can stop anywhere between 38.2 and 78.6 % area. But if you moved stop to break even we will just lose the position not money. Let us see.

Trade closed: stop reached: Break even stop reached as anticipated.
I reentered longs right here.
aibek IvanLabrie
Hi man! Good luck with long!
I want to stay away and see if we will touch 29 at 78.6% retracement.
Best wishes amigo!
+1 Reply
That's right!
aibek fishsp
Thank you!
That would indeed be a fabulous play sir! Though I think currently we are rangebound 28-34; unless 35 gets taken out. I my self am expecting new lows over the next couple months.
smitheric1970 smitheric1970
pay no heed to the channel, it just appeals to my inner bear.
aibek smitheric1970
Nice chart, thank you for sharing!
Amazing entry mate.
aibek IvanLabrie
Hola amigo! Mucho gracias, man! I like this crazy oil )))
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out