Akil_Stokes
Short

Gartley Short on US OIL

FX:USOIL   CFDs on Crude Oil (WTI)
I don't often look at USOIL             but one of my live room members loves to trade it and brought it to my attention this morning. Originally there was a bearish bat pattern that completed at an excellent level of structure (looking at the bigger picture). That level has since been broken and although the trade may not have hit a traders stops yet,it's never too soon to start thinking about the next potential opportunity to get involved.

In this case it's another advanced pattern in the form of a bearish gartley that completes at structure and ratio confluence from the bigger moves.

https://www.youtube.com/watch?v=fZBkVGDB9Oc&list=UUVveEks3MWZqOsvzTF_LGQg
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the best trade set up ^^

Thank you


If the price still bear, I would get some profit. I entry almost too late.
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nice techie. xD
Reply
Man, did anyone trail stop this?
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monster
+1 Reply
Perfect trade setup
+1 Reply
IvanLabrie PRO Technician
Indeed, beast trade!
+1 Reply
Thank you
Reply
Hello Akil,

The D-point of Gartley has been accomplished higher than X-point -- why do you think it's still valid pattern?
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The smaller one is invalid, the bigger one that hasn't completed yet is the one that i still valid.
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