Ichimoku_Trader
Short

Oil Planning Chart (July 11-15)...

FX:USOIL   Crude Oil (WTI)
1047 16 44
7 months ago
///Last week, I published 9 Pistachio charts .. all of them were within the limits of the plan///
These charts are not intended for trading. They are meant to align you with the market by giving you the direction of the market ( bullish / bearish / ranging) and the expected limits where price should move during the week.
Try to trade with the trend by waiting for price to go into the buy/sell zone before taking a position according to your trading style. Also, be realistic in your targets by using the target zone as a possible area where price could correct or even reverse.
Note: Some weeks you will notice that price will trade against my trend direction but will never break the market limits. That is just a sign that market is in a correction phase
** You can access all my Pistachio charts by clicking the 'PCP tag on my page
7 months ago
Comment: How to connect between the daily & H4:

Price on the edge / CS setups developing...
7 months ago
Comment: this break of last week's low before we retrace could be a bear trap before a deep retracement. So please be careful
7 months ago
Comment: xiiimik asked:
About the last point, why do you think so?

My answer:
The usual chain of events is to see a retracement at the beginning of any new period before the actual commencement of the original move or a reversal of it.
Continuations prior to retracements have one of 2 reasons:
1. A very strong move that produces Marubozu or opening Marubozu candles for the period (so in this case on the weekly chart)
2. A bull/bear trap

So when I go to the weekly chart and I look at last week's candle, I'm not expecting option 1 to happen because the momentum is still at the beginning and there s nothing to drive such a strong move. If things develop, then I will adapt with the new events

Good luck
7 months ago
Comment: I hope non of you are stuck in a short... I will be really upset
7 months ago
Comment: Monday Evening Brief:
Still waiting for a retracement into the sell zone
7 months ago
Comment: Finally, we have movement towards the sell zone. I don't think we should go too deep in there so maybe we can get a position soon
Pressing the like button encourages me to continue publishing my ideas and is highly appreciated...

I have a section on my page under the tag "Educational" that contains a lot of information on my trading method, please take sometime to read it...
pmcllc PRO
7 months ago
target zone has been reached
+1 Reply
Ichimoku_Trader pmcllc
7 months ago
No..
What is meant here is that price should retrace back to the sell zone before coming back to the target zone
So it will be a second visit .. probably deeper

Good luck
+1 Reply
gfknn5
7 months ago
nice!
+1 Reply
Ichimoku_Trader gfknn5
7 months ago
thank you
Reply
martin.lindner65
7 months ago
Thank you for your great work and investment in time and energy !
Reply
Ichimoku_Trader martin.lindner65
7 months ago
Thank you
Reply
salarfeen
7 months ago
This appears to be a map drawn out. Long till the retracement to the target zone. Correct?

Greatly illustrated. Much appreciated.
+1 Reply
Ichimoku_Trader salarfeen
7 months ago
It is exactly that .. A TREASURE MAP
I like these because they give traders room to use their own strategies while considering a factor that I as a PanOptic trader can help them with
+2 Reply
Ichimoku_Trader salarfeen
7 months ago
Off course, the retracement is going to the sell zone and the impulse to the target zone
+1 Reply
val_trader
7 months ago
Thanks great chart
+1 Reply
Ichimoku_Trader val_trader
7 months ago
Thank you
+1 Reply
xiiimik
7 months ago
snapshot
About the last point, why do you think so?
Reply
Ichimoku_Trader xiiimik
7 months ago
Check in my comments for my answer to your question
Reply
CezaryS
7 months ago
to your last comment, are you in buy?
Reply
Ichimoku_Trader CezaryS
7 months ago
no
Reply
val_trader
7 months ago
I'm longing waiting for the sell zone.
Thank you
Reply
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