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.
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
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.
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
Transaction en cours
kiicked out on entry.. wolfe wave went for the full target.Restriking @79.8 sl 80.5 risk 0.5%
Transaction en cours
Transaction en cours
stop loss extended 81.2 risk 1%
Transaction en cours
stop loss on entry
Transaction en cours
still holding our short position. IMonitoring this structure, a break may accelerate the downside
Transaction en cours
Trade fermée manuellement
closed on entry.. possibility of a triangle will be discussed in next post
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.