West Texas Oil
Short
Atualizado

US Oil - Last downward leg- Pt.2- About to become impulsive?

250
Hello traders,
in our previous posts about oil we highlighted how we expect cycle wave 2 to complete around the 57-63 area with the final C wave of the corrective structure.
US Oil - Last downward leg

We then showed how we applied leading indicators to obtain confirmation of more downside:.
We entered at the golden zone (61.8%fibo) strong volume rejection.
We are short from @78.18 aiming to ride the microcount outlined in the chart. Stop loss on entry as per the update in previous post.
Cheers
GMR
Trade ativo
kiicked out on entry.. wolfe wave went for the full target.
Restriking @79.8 sl 80.5 risk 0.5%
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Trade ativo
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stop loss extended 81.2 risk 1%
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stop loss on entry
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still holding our short position. IMonitoring this structure, a break may accelerate the downside
Trade ativo
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Trade fechado manualmente
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closed on entry.. possibility of a triangle will be discussed in next post

Aviso legal

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