Hello traders!
In previous posts (links in description) we argued about how we believe Oil to be in a cycle corrective wave after big impulse from covid low.
We believe this corrective move is unfolding as a triple three targeting the GZ, and confluence zone, in the 56-63 area.
This is a big picture of this macro view
A great long opportunity will later come in oil, that we will be able to discuss in the future.
But first, we expect another leg down.
As showed in the main chart, we believe the last ABC of the triple three to be in the making, with a triangolar wave B that may be concluded. We will update here for possible short setups.
Bests
GMR
In previous posts (links in description) we argued about how we believe Oil to be in a cycle corrective wave after big impulse from covid low.
We believe this corrective move is unfolding as a triple three targeting the GZ, and confluence zone, in the 56-63 area.
This is a big picture of this macro view
A great long opportunity will later come in oil, that we will be able to discuss in the future.
But first, we expect another leg down.
As showed in the main chart, we believe the last ABC of the triple three to be in the making, with a triangolar wave B that may be concluded. We will update here for possible short setups.
Bests
GMR
Nota
triangle breakout
Trade ativo
retestiing cluster @75.82 on possible 1212, entered short
Trade ativo
stop loss on entry
Trade ativo
1st target reached. Closing half of the position. Profit = 1.8% of equity
Trade fechado manualmente
double bottom. closing other half at 1.6% profit
Total Profit: 3.4%
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.