WeeklyTrader
Short

Short at big Down-trend Line and AB = CD

FX:USOIL   Crude Oil (WTI)
238 5 8
1. AB = CD
2. Closed highs trend
3. Weekly TBL down
4. Respect to MA(100)
5. Some stuck below 42$

Entry 44             .9~45.1
TP1 : 42.75
TP2 : 41.93
You didn't count the highs and lows into your calculation. so the entry should actually between 45.4-45.6
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well, maybe more proper at that level... it's also the 0.5 fib retrace also, thanks!
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kw1846 WeeklyTrader
You are welcome! And yes, that is where I decide to enter. But someone is also talking about 45.9, which I can not get the idea... Maybe that is the full retracement of the small drop cycle?
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liq PRO kw1846
You mean not including the wicks when placing the terminal points? I have seen many examples otherwise. I also wonder about that, especially when extremely long wicks occur. Please clarify. Thanks.
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I mean we should include the wicks, see my words "You didn't count"...
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