pparmy1991
Short

OIL short activate

TVC:USOIL   CFDs on WTI Crude Oil
153 views
8
153 4
Looks like it is breaking, lots of divergences are detected as well. USDCAD is about to bounce. Entry 53.13, SL:53.53, TP: 50.75-50.80
Apr 13
Comment: ABCD correction almost finished for USDCAD, start looking for a bounce. One thing I am not very comfortable is that no divergence on 1hr or 4hr chart.
Apr 19
Comment: Still holding the short, expecting to reach 51.4 area at least. USDCAD also has more room to go up.
Apr 19
Comment: First target reached, awesome pips!! Lock in some profit if you want.
Apr 19
Comment: Today's low @50.06 is likely to be broken in the coming days. Yellow zone is the final target!
Apr 21
Comment: Almost 400 pips! Looks like panic selling, booked some profit this morning, let the rest run!
Apr 24
Trade closed manually: It might drop more, but not easy money to make.
Apr 24
Comment: Seeing bullish divergence on 1 hr chart. Might be a short term buying opportunity. But it is definitely a downtrend for now. Reconsider short later.
Apr 24
Comment: I am in. Just for someone who wants quick scalp. Trade with safe.
Apr 24
Comment: Looking good. Expect to reach at least 50-50.2. If we are lucky, we might get 50.8-51. Lets see.
Apr 26
Comment: Almost 100 pips! First target reached, let's wait for the second.
Apr 27
Trade closed: stop reached: Stopped out this morning, will reexamine later and post a new idea.
Nice trade setup, thank you for sharing your view on this. I have same idea as well.
Reply
pparmy1991 jojofang0901
@jojofang0901, Thanks. I love your indicators! May I ask what are the blue and red curve in your price chart?
Reply
jojofang0901 pparmy1991
@pparmy1991, Thank you, there are 20 and 50 EMA
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pparmy1991 jojofang0901
@jojofang0901, Thanks for sharing!
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