tntsunrise
Long

USOIL 4H Back to Back Butterfly and Cypher

FX:USOIL   Crude Oil (WTI)
1624 7 82
USOIL             4h Butterfly Complete
Entry: 42.86-43.67
SL: 42.70
Target :46.40 48.10 49.30

There is a possibility a back to back
Cypher pattern

We Long the CD leg based on the butterfly pattern
We take profit at 49.30 for a cypher completion
Comment: First Entry at 43.67 is stopped out at 42.70, lose 90 pips
2nd Entry at 42.86 is still there ,
Pay attention to 42.75 Level. This is the Daily 0.618 Level.
If 42.75 is not broken. I will continue to hold my long position
They potential Cypher Leg CD is still valid
Comment: First Target hit. close 1/3
rest move to break even
Trade closed: target reached: 2nd Target 47.70 reached.
close another half.
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Thank you for the trade sir. Please keep up the good work. We highly appreciate it sir.
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if the price below 43, i will consider to close it
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hit SL:( consider to reenter?
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My first entry was stopped at 42.70 My 2nd entry at 42.80 is still open. Pay attention to 42.75 level, this is the Daily 0.618 Levlel.
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whisally tntsunrise
thank you sir~
Reply
where was the sl on the 2nd entry ?
Reply
42.40
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