fxidgroup

OILUSD waiting for confirmation on high probability setup

TVC:USOIL   CFDs on WTI Crude Oil
120 0 1
Scenario #1
Price is now trying to test the major key level resistance.
Wait for daily candle close.
if break the level, look for a next retest/pullback,
where resistance have possibility become support.
and wait for continuation pattern before open position.

Scenario #2
If bounce back down, resistance is still intact,
looking for short possibility.

Trade active: scenario #2 is ON
Comment: ++pips now.. lets see where it go
Comment: Crude Oil Inventories
+4.9M

lets roll
Comment: waiting for tonight crude oil inventories data release..
Comment: Crude oil inventories
-7.9M

the theory..is price move up
Comment: yup...
Comment: resistance still hold!
Comment: free fall??
by the way, +++pips
Trade closed: target reached: after 25 days..
but huge pips..

thanks oil
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