We have a couple of things going now. 1 Double top 2 Bearish devergency 3 Oversold 4 Fibo 127% hitted I sold the top and will sel 50% at my first target and another 25% at target 2 last 25% i sell at target 3 Stop loss goes 10 pips above highest candle When my tg1 gets hit i move my sl to break even. and let the rest run. Trade save
Eve is making Multi day bars at same place and after it should break down. Confirming trend reversal.
Upcoming years the new playground for oil !! Going long at this point would give a nice profit. Dont see it go under 39. So have some spare money incase it goes a little lower then this. Cup and handle also still in play for the rally
When this hits 46,30 we wont see 40's anymore for a while
little correction now then maybe next bull swing
Still busy with correcting the second wave wich needs to be at fib 0,382 @41,81 before third wave and probably last wave will start.
Ready for new upswing.
See the candles nothing more to say