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GcNaif
Sep 12, 2016 1:22 AM

Short based on Clone levels  Short

Crude Oil (WTI)FXCM

Description

I had been shorting this since 47.36 and i am still in those shorts and added more at break of 45.5x area. The potential targets i am looking for now are 45 and 44.48 marked on chart.

Clone Levels for Short : For downside 45.53-45-44.48 (favorable)
For Upside: 45.53-46.06

Please do trade accordingly. Due your due diligence before placing the traded

Comment

Target one done, watching at current level ,if given chance will wait for tp2 at 44.4x

Comment

stopped out in profit
Comments
smitheric1970
amazing as always!
GcNaif
Thanks Smith
al.calgary
How do you draw your Fib levels? what is clone?
GcNaif
hi al, you need to visit @nmike profile at tradingview, he has some examples and he is the initiator of this concept
al.calgary
Thanks man. I checked and could not find! it's one of his ideas?
GcNaif
i messaged you the link to one of @nmike charts where he explained about the concept, check your pm
nmike
choose a reference High / Low swing pivots, draw a box and Clone the box, use Fib. tool to set to 1/4s
al.calgary
Thanks again
GcNaif
thanks mike
BoonOng
Awesome drop and clone.
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