FX:USOIL   CFDs on Crude Oil (WTI)
256 4 11
sell this breakout ,watch the lower time frame to enter .
Comment: sell at 50.40
stop loss at 51.10
good luck !
Trade active
Comment: 49.80 is an important support level here ,it need a quickly drop down to breakout.
Comment: wait for the pullback ,i will take the 2nd short .
Comment: tp1 reached at 49.20
wait for the 2nd short opportunity and tp2.
Trade active: the 2nd short @ 49.50 actived after EIA report.
Comment: still suggest to sell crude oil here.
Comment: hold this short trade ,by the way ,i sell crude oil three times according this idea.
lose,lose small . win ,win a big.
Comment: i will sell the oil if the price pullback to 49.00
tp will be the potential AB=CD pattern complete at 46.50 area.
Comment: 47.60 now ,we sell three times .take some pips.
Comment: be patient to the last tp at 46.40
Comment: hey guys ,a potential AB=CD pattern will complete at 47.00. remmeber to take half pofits here.
Comment: we sell the oil three times (the 1st @51.40 ,the 2nd @49.50 ,the 3rd @49.70), this idea make lots pips .now the drop down power is becoming weaker and weaker ,the RSI is oversold ,suggest to take profits here.
be patient to wait another opportunity for short.
Trade closed: target reached

Related Ideas

cowboy StanLeee
thanks guy ,long time no see, best wishes!
i like your quote lose, lose, small. win, win, big :)
cowboy taming_the_mind
thanks a lot.
welcome to guangzhou guy.
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