TradingView
OncleJer
Nov 9, 2016 7:36 PM

Potential long on USOIL Long

WTI CRUDE OILTVC

Description

Oil bounced from a quite important support level and there is also divergence forming on the MacD.

I will be hunting for a long on a CTL cross.

Play it safe, wait for proper confirmation.

Comment

CAD still weak against Dollar, long trade did not yet trigger. Potential short scenario happening. Let's keep an eye out.

Comment

Still no breakout

Comment

First Take profit area around 49.
Trail stop people!

Comment

Comment

USOIL sitting at our first TP in massive consolidation. I will be looking to trade the breakout of that pattern, stay tuned!

Comment

Breakout of the triangle to the downside gave us a sweat! In the end everything went according to plan and TP2 got smashed!
Hope y'all profited from that

Trade closed: target reached

More