Koryphaeen
Long

USOIL long based on S/R retest

FX:USOIL   Crude Oil (WTI)
61 8 3
A major resistance level was broken and is now retested as support. It is now time to go long.

ROE on chart.
Koryphaeen PRO moorekapital
You know, in trading nobody knows for sure what will happen, that's why it is so exciting to trade... ;)
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You've got balls, Koryphaeen ! Why long this so high....????
+1 Reply
Koryphaeen PRO moorekapital
I was already long on this Gartley pattern, this idea is a good trade if you want to reenter or if you missed the move from the beginning.
snapshot
+1 Reply
moorekapital Koryphaeen
Im rather looking to sell OIL pretty soon ^_^
snapshot
+1 Reply
Koryphaeen PRO moorekapital
Yes, this is nice. But I think I will hold this position until it touches the trendline you draw and then we will see. If it will touch it, I will look for signs to get short as well. Good luck with that!
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Koryphaeen PRO moorekapital
And the EW counting suggests that this AB=CD pattern is a final ZigZag move, that's why I shoot for this target. But everybody should use their own trading plan, to enter, to quit or to manage a trade!!! ;)
+1 Reply
Koryphaeen PRO moorekapital
This is my view about what will happen, according to EW count.
snapshot
+1 Reply
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