Trader_Joe_Lee
Long

USOIL bullish butterfly pattern

TVC:USOIL   CFDs on WTI Crude Oil
At the end of 2017, Oil             , gold             , stocks, and even non-USD currencies had a nice rally, and all of which encountered some correction recently.
USOIL             showed best relative strength while it also just finished a daily double top .

When a strong trend turns into consolidation and fluctuation, that's the time when the "buy low sell high worked the best.
It's not a bad idea to short the 2618, while this butterfly long is closer lol.

Let's see how it goes!
Order cancelled: It broke without any reversal sign even in 5min chart, this trade cancelled
any update on this ?
Reply
@maggie0909, It didn't give any reversal sign there even in 5min chart, so it cancelled.
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