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tarati.lorenzo

USOIL - Potential Sell

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
tarati.lorenzo Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Wave Analysis
4
0
trendanalysis chartpattern waveanalysis
Trading Plan with LT

  • Price Action: Price has been very bullish from the 21/04 to 27/08 and we are definitely wanting to get in the long term buy. However to resume the buy we need sellers in the market which make me believe that from here we could see another low breaking TP2 or even going to TP3.
  • Fundamental:
  • Technical: I am looking this WXY wave complete. Price has bounced from the end of wave (Y).

Manage it Well
Cheers

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Comment:
Here is the entry bonus!!!
On the 15min we are looking for the bear flag to develop a little bit more (although it can go now). Somehow oil like to move from London through NY session. Lets see.
snapshot
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