Im buying the CD leg which i expect to be short term trade because we are in an expanding diagonal (zoom out to see) so on completion of D wave im looking for a sell setup, however if oil pulls back to wave 1 during the 4th wave I will buy it since we are in wave 3 now i will hold to complete wave 5. Like if you agree comments are welcome.
Trade active
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looking to buy at wave 4 termination zone the correction should be complicated i'll take what i can. LIKE if you agree COMMENTS are welcome.
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we are on the move up. LIKE if you agree COMMENTS are welcome.
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watch out for that short 5th wave of wave 5 making the D leg short, a break of that yellow trend line can take us tumbling lower really fast. LIKE if you agree COMMENTS are welcome.
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we have 4th wave termination point good area to take a buy to complete 5th wave of this ABCD then time to sell the entire correction was complicated and messy best for swing trading not day trading so im not in this trade i'm a day trader i'll wait for the sell. LIKE if you agree COMMENTS are welcome.
Trade closed manually
the pattern was a WXY not ABCD and the WXY is complete i saw it too late I was ablt to see it after wave 4 failed. time to sell oil ill wait for a correction then look for a sell. LIKE if you agree COMMENTS are welcome.
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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.