As shown in the diagram. I am still holding my shorts from $7400, and luckily BTC’s retest to the resistance line failed. TP 6550(if you want to play safe). An aggressive target price will be $6000. SL at 7040.
As shown in the diagram. TP at 765(really short term). SL at850
I think USOIL was previously in a corrective ABC wave, but this time it tested a lower low. In my opinion, if you are an aggressive trader, you can consider buying now because C wave is probably finished already (-20% like the A wave). But if you want to be safe, you shouldn’t buy oil yet until 17.55. A SL will be at $16. Target price will be 23.32.
Staright up jumped to the upper level of the range. Waiting to see if there is any sort of retracement incoming. If the decline starts, I will engage a new set of shorts.
I think its possible for NQ to rebound further to 8565 in the short term.(.618 retracement) The earning season is going to be the key, but it might be hard for NQ to fall due to the already lowered expectations. But still, I am holding tight to my shorts.
Engaged stop loss on 1720, but I am considering to open more shorts on 1750. TP still sits at1580
Still holding my shorts from 7400. I think this is a typical retracement to be honest. However, I think it’s necessary to pay attention to 7060 area, which is the resistance level. If that doesn’t block BTC, I would choose to close shorts and cash in the profit.
Didn’t realize the newly formed resistance line (drawn in black). So I have to adjust SL a little bit higher to 785, and TP remains at 600.
Since the falling from yesterday’s high, oil is struggling pretty badly. I think we have to see if oil can reach 24.56 in the upcoming days. If yes, there is hope for more climb. If it doesn’t, I would just close my longs and leave.
As shown in the chart. Holding my shorts from 758 and will short more if it jumps to 756. TP is still around $600.
As shown in the chart. Keeping my shorts from 7391. TP at 6425. An ideal TP would be 6000.
As shown in the chart. SL 1720, TP 1573.
As I mentioned on last Friday to long USOIL, I think you got some decent profits. I am aiming to close 70% of my longs on 25.26(the 1st resistance line). An ideal TP would be around $28, where I would close another 20% on my longs if that target is reachable.
As shown in the chart. Support broke, and the target price is still around $6,300. Stop loss at 7600.
As shown in the chart. Long 23.33, SL21.5, and TP 27.