IvanKumburovic

OIl cleanest pattern-drop

Short
OANDA:WTICOUSD   West Texas Oil
Oil have , in my opinion , the cleanest form of reversal patterns, and its playng out !
We have ascending wihtin ascedning (double confirmation, stronger probability for drop )
This is definitely on my Watchlist for next week....
First target on bottom trend line , then scale-in and trail stops all the way to low where ascending started....
Even if 1$ per barrel drops, you could bank nice profits on 15 min entrys (flag continuations or something )

Comments

Got hit out on the trade... we both share same analysis
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@samfxgoat, just cost of bussiness , onto the next one :)
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