[BCO][BRENTCRUDEOIL] bad news for oil good news for us--NO RISK
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Hi everybody!
This is a true free fall of the BCOUSD, I tried waiting for a retracement but it is not coming. Verified that on higher TFs(Weekly/daily).
Next strong resistance arround 43.264(target as well)
I verified every step of the downfall that happened, that'is why I put a small fibo (there was 6 before) ( 5/6 follows the .382 fib)
Little bit of technical (ichimoku) to confirm everything:
- PA just closed under KS on Weekly TF.
4H TF:
- TS<KS in a troubled water(attracting zone(sign of a bearish Signal))
- PA<TS<KS<Kumo
- CS<PA<TS<KS<Kumo ( and nothing that is blocking the way ).
-----------------
Target for Now is 43.264 but we will be looking for further down later on.
Plan :
- Wait for the PA to touch the (small).382 fibo
- take it all the way down.
Everything is on the chart. Need explanations ? ask your questions. Need my Idea on any other thing let me know.
**Never forget your helmet when you take the right candle**
**Enjoy trading ! it's thrilling"
and
**SL should NOT and almost NEVER be beyond 10 pips! JUST Wait for the right moment to get in ( Currencies )***
**I am trying to be as much precise that I can. **
**Use TradingView as a confirmation tool for your own strategy**
**Please study hard before placing your money on Forex**
Look at my other ideas right Below.
**You like what you see ? give it a thumbs up**
**FOLLOW ME FOR UPDATES**
This is a true free fall of the BCOUSD, I tried waiting for a retracement but it is not coming. Verified that on higher TFs(Weekly/daily).
Next strong resistance arround 43.264(target as well)
I verified every step of the downfall that happened, that'is why I put a small fibo (there was 6 before) ( 5/6 follows the .382 fib)
Little bit of technical (ichimoku) to confirm everything:
- PA just closed under KS on Weekly TF.
4H TF:
- TS<KS in a troubled water(attracting zone(sign of a bearish Signal))
- PA<TS<KS<Kumo
- CS<PA<TS<KS<Kumo ( and nothing that is blocking the way ).
-----------------
Target for Now is 43.264 but we will be looking for further down later on.
Plan :
- Wait for the PA to touch the (small).382 fibo
- take it all the way down.
Everything is on the chart. Need explanations ? ask your questions. Need my Idea on any other thing let me know.
**Never forget your helmet when you take the right candle**
**Enjoy trading ! it's thrilling"
and
**SL should NOT and almost NEVER be beyond 10 pips! JUST Wait for the right moment to get in ( Currencies )***
**I am trying to be as much precise that I can. **
**Use TradingView as a confirmation tool for your own strategy**
**Please study hard before placing your money on Forex**
Look at my other ideas right Below.
**You like what you see ? give it a thumbs up**
**FOLLOW ME FOR UPDATES**
Note
Even tho' we are on commodities, Don't forget to move your SL to even when you have 50 pips and so on (Safe players).Always worry about RISK, money will come with it!!!
Note
I will be updated other Ideas very soon. For now the market is trying to stabilise after the big impulse at 17h00 for the CAD and the JPY.Note
time to sell guys. Best price ;)
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