My view OIL
W1:
- Tendency: Upward
- Above support
- Candle: Bullish outside bar
--> UP
D1:
- Structure: Uptrend
- The price break fail trendline and above support D1 ( 66)
- Candle: Strong bullish ( Climax bar)
--> Waiting pullback--> BUY
H4:
- Tendency: Strong upward
- Test support H4 ( 69)
- If
+ Give signal bar bearish--> Waiting pullback--> Buy (line red)
+ Breakout resistance H4--> Waiting pullback support--> Buy( line blue)
W1:
- Tendency: Upward
- Above support
- Candle: Bullish outside bar
--> UP
D1:
- Structure: Uptrend
- The price break fail trendline and above support D1 ( 66)
- Candle: Strong bullish ( Climax bar)
--> Waiting pullback--> BUY
H4:
- Tendency: Strong upward
- Test support H4 ( 69)
- If
+ Give signal bar bearish--> Waiting pullback--> Buy (line red)
+ Breakout resistance H4--> Waiting pullback support--> Buy( line blue)
Comment:
Comment:
Sell oil 68.8, SL 69, tp 67.3 ( Scalping)
Comment:
Stoploss strategy scalp
Comment:
Comment:
Double TOP or breakout???
Comment:
Comment:
Pullback
Comment:
Pinbar h4--> Sell
Comment:
Move stoploss to entry !
Trade closed: target reached
Comment:
D1:
- The price moves in trendline
- Test trendline given doji candle
H4:
- The price moves in trendline
- Test trendline given doji candle
H4:
Trade closed: target reached
Comment:
D1:
- Appear reversal candle at resistance
- However, the tendency is strong upward
--> Sell pullback
H4:
- Appear reversal candle at resistance
- However, the tendency is strong upward
--> Sell pullback
H4:
Comment:
Trade active:
Sell 74.05, Stoploss 74.3
Comment:
Move stoploss to entry ! ( Profit ~ 30pip)
Comment:
Great ! profit ~ 100pip .
Trade closed: stop reached
Comment:
Trade closed: target reached