OAKS
Long

still some small room with Crude

TVC:USOIL   WTI CRUDE OIL
546 12 11
yes, seems like there are still some room with Crude, close the short from 50+ level, waiting contract exchange and be prepared to buy, buy the way..... It looks like UKOIL             (Jan. contract) ready to buy (check the link)
Comment: did you load some oil today?
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Trade closed manually: chart looks not good now, closed the longs ,waiting chart to be clear again
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Trade active:
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Comment: Target is still in sight in the big picture... it is now expanding triangle correction
Comment: a little bit crazy today, shall we make a consolidation structure here again as in the former legs??
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Trade closed: target reached: I am proud to say we have a really great analysis and trade on the oil during the past 3 months:

1. 3 months ago, we see the small break out...
crude oil


then 2. we traded it from 48 to 52
Oil break out


3. then we had a very happy and easy trade on the CD leg
Crude oil idea update


4. and now we almost achieved the DE leg... we luckily stick on this plan, and add more positions when it did correction..

SO now, what is the next move?? I think we are going to finish the big ABCDE correction wedge, and ready to break out upside .... cheers mates

https://www.youtube.com/watch?v=lptK87nxiJQ
Comment: finally it break up this wedge :)... now waiting for some pull back (expect a flag to form), then i will jump in again.... target is introduce in this video some weeks ago https://www.youtube.com/watch?v=lptK87nxiJQ
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Great Analysis!!!
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Excellent analysis!
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OAKS PRO SharkbaitAl
@SharkbaitAl, Thanks mate, glad you like it
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target price?
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OAKS PRO peterleem
@peterleem, 1st target 52, 2nd target 60... but for short term there might be some correction comes soon mate...like it described in this video (https://www.youtube.com/watch?v=lptK87nxiJQ&t=52s), this corrective thing always happens in each wave.;)
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@OAKS, Thank you! I will hold long till $52.
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@OAKS, I'm trying to hold my longs till $60
What do you think?
Great analysis!
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OAKS PRO peterleem
@peterleem, yes dear friend, i still think it is going to finish the right shoulder now , and will break up soon as said in the video, because the momentum in this wave seems really strong now... but here the resistance is indeed a strong one, so it depends you now. lock some profit partly and reenter the market when the chart is clear to break out or break out done, that might be safer at the moment.. i expect to see some flag /correction pattern before of after the break out. Good luck dear friend..
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@OAKS, sold @ 51.15
I'm trying to short S&P
Please advise?
Thanks
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OAKS PRO peterleem
@peterleem, that's a good sell of oil mate and it could retrace more mate, could still hold the sell short termly
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