Hello and welcome here, followers and newcomers!
As many ideas I posted here these last weeks, USOIL gets often in triangles and goes sideways before finding its own direction for 100 pips / 300 pips (Example : $39.00 on September 8th to $36.00 at the end of the same day!)
Sometimes there are fake dropout or fake up-going spikes, you need to be careful about those as it could never come back again for you to close it without losing any money. (Going up or down 20/30 pips then recovering)
Happy trading is a safe trading with your risk managed!
If you enjoy my work, please leave a LIKE and FOLLOW! Thank you!
As many ideas I posted here these last weeks, USOIL gets often in triangles and goes sideways before finding its own direction for 100 pips / 300 pips (Example : $39.00 on September 8th to $36.00 at the end of the same day!)
Sometimes there are fake dropout or fake up-going spikes, you need to be careful about those as it could never come back again for you to close it without losing any money. (Going up or down 20/30 pips then recovering)
Happy trading is a safe trading with your risk managed!
If you enjoy my work, please leave a LIKE and FOLLOW! Thank you!
Note
We are still inside the triangle!I didn't modify the top line and it got rejected hard from there, so it's still valid :
Note
We are near the end of the triangle!Don't miss the shot!
Note
In less than 5 hours we will get a outcome!Since 2/3 trading days ago, this situation is narrowed until the end!
Note
First breach!!Wait for a possible reverse, if not it's a sell!
Note
Double reversal, it looks like it's going to breach the bottom line!Note
Breach top, wait for confirmation!Note
Top line breached! Careful about reversal!Note
Reversal :Trade closed: target reached
It's A WIN !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.