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Alexandre_Trading
Sep 8, 2020 10:19 PM

USOIL : SELL OR BUY ? WAIT FOR A DIRECTION 

Crude Oil (WTI)FXCM

Description

Hello everyone, following the previous idea I posted,
It's going back into a triangle AGAIN!
Follow the breach to get the direction!

If you enjoy my work, please leave a LIKE and FOLLOW ME! Thank you!

Comment

It went up as something I wouldn't have expected at all! (Had long position needed to be close)
Either wait for a breach top or wait for it to reverse to the bottom part of the triangle!

Comment

Here's the updated triangle, be warned that the original triangle of this idea isn't right anymore :

Comment

Updated triangle breached,
But it doesn't looks yet to be skyrocking up..
Be careful as it may reverse down!

Trade closed: target reached

IT WORKED!!!

Trade closed: target reached

It's a WIN!!!!!
Comments
VasilyTrader
Very good analysis, my friend! Here is what I see:
Alexandre_Trading
@VasilyPonomarev, Here is what I see, a support at 37.20 and a bounce back up!
JDP1
Great. Now testing resistance at 37.50
mehmetozgurkaragozoglu
This is a good catch for 15m. Price still in the tiangle.
Alexandre_Trading
@mehmetozgurkaragozoglu, Thank you, I've updated the triangle following the new chart :)
JDP1
Good day. I think its going down again. If it does I think to 34.50 34.33 level.
Alexandre_Trading
@juanduplooy1, It would be nice! :D
mehmetozgurkaragozoglu
@Alexandre_Trading, @juanduplooy1

Well in the long run I have my target at $20.00, beofre end of 2020.
Let's see how it breaks...

samerr9
Good Job!
Alexandre_Trading
@samerr9, Thank you Samerr9 for your continuous support! :D
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