LeoYao
Long

USOIL Set Up

TVC:USOIL   Crude Oil (WTI)
1104 8 26
Long From area near blue trend line .
Comment: More detailed video analysis:
YoutubeEnglish:https://youtu.be/CcjL21dQpCc
YoutubeChinese:https://youtu.be/SA9ejdhgOCg
YouKu Chinese:http://i.youku.com/LeoYao
Comment: If drop break below 45 without any good pull back, cancel this long trade, guys.
Comment: Moves within a small zone. Resistance 45.4, support:44.7.
One more thing to note, it is likely to retest the trendline.
snapshot
Hello, Leo! Such a small long? (red arrow). I suppose it is time to grow till 60 area.
Reply
faris.makki FreshOilTrader
maybe until sell zone
Reply
Should be interesting cause many waiting for huge drop to 20-30 area. Should be something interesting soon. Will see.
Reply
faris.makki FreshOilTrader
I'm also very convinced equities are very high right now and we could see a significant decline, may cause panic and sell off in oil
Reply
Will see. Good luck in all of your trades.
Reply
LeoYao FreshOilTrader
Hi All, now there is panic to sell oil, so let us see if it can go up or not :)
Reply
Looks good, good on you for posting analysis and why you entered trade
Reply
LeoYao riander4
thanks man. :) because most time i am too busy to do so and update timely. Thanks.
Reply
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