Hey guys ! ** Watch for weekly view below **
Here is a good opportunity to short the crude oil with a potential 800 pips profit trade ( R/R around 6 )
Accumulation of :
- Weekly trend ( blue )
- More weekly trend as resistance ( black )
- Others monthly trends ( red ) : far but still active
- Fib 68.2
- Fib 78.6
- Resistance zone
- Stochastic will be overbought : I will update this idea with a multi time frame stochastic system .
As always , I recommand to wait for a reversal sign .
Follow me for more !
Good '' luck ''
Here is a good opportunity to short the crude oil with a potential 800 pips profit trade ( R/R around 6 )
Accumulation of :
- Weekly trend ( blue )
- More weekly trend as resistance ( black )
- Others monthly trends ( red ) : far but still active
- Fib 68.2
- Fib 78.6
- Resistance zone
- Stochastic will be overbought : I will update this idea with a multi time frame stochastic system .
As always , I recommand to wait for a reversal sign .
Follow me for more !
Good '' luck ''
Note
Note
Note
This is also possible : Note
Midterm possible buy setup Note
Note
TP2 HITNote
TP3 & TP4 HIT $$$$$ . Up 420 PipsTrade closed: stop reached
Breakeven is hit . Next :
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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.