USOIL SHORT THE STRCTURE AND AB=CD
Updated
USOIL HAD TOUCHED THE STRCTURE,
BY COINCIDENCE,THIS POSITION IS ABCD's D PIONT,
NOW WE SHOULD NOT LONG USOIL BUT KEEP WATCHING THE PRICE ACTION AT THIS AREA,
PLAN A:SHORT IT IF PRICE CANNOT BREAK THE STRCTURE,
SL:ABOVE 52
TP:48.13-45.87
PLAN B:LONG THE PULL BACK TO STRCTURE
SL:BLOW 51.64
TP:NEAR 57 LEVEL
BY COINCIDENCE,THIS POSITION IS ABCD's D PIONT,
NOW WE SHOULD NOT LONG USOIL BUT KEEP WATCHING THE PRICE ACTION AT THIS AREA,
PLAN A:SHORT IT IF PRICE CANNOT BREAK THE STRCTURE,
SL:ABOVE 52
TP:48.13-45.87
PLAN B:LONG THE PULL BACK TO STRCTURE
SL:BLOW 51.64
TP:NEAR 57 LEVEL
Note
PLAN A is work,and don't try to short USOIL again.
Note
130 pips profit now.Note
USOIL keep watching the price action at green support zone,
if break,short oil again.
Note
USOIL trend confirmed,hold your short and don't give it up.Trade closed: stop reached
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