USOIL : SIMILAR PATTERNS FOR THE DOWNTREND?
Hi traders!
I rarely touch USOIL because of the nature of how it trades. In this pair, I'm usually very patient to see confirmed patterns on the daily or weekly timeframe to confirm my analysis. I think that's what I'm seeing now. USDCAD kinds of confirm it also. RSI couldn't be happier to prove us right.
USOIL SHORT
ENTRY : 49.145
SL : 49.94
TP : 47.25 & 46.28
Trade safe!
I rarely touch USOIL because of the nature of how it trades. In this pair, I'm usually very patient to see confirmed patterns on the daily or weekly timeframe to confirm my analysis. I think that's what I'm seeing now. USDCAD kinds of confirm it also. RSI couldn't be happier to prove us right.
USOIL SHORT
ENTRY : 49.145
SL : 49.94
TP : 47.25 & 46.28
Trade safe!
Transaction en cours
ENTRY @ 49.145Let's see now what the PA does and tell us!
Note
Wow the price nearly touched our SL @ 49.94 (missed it by one cent!!)Now we are in profit!
Note
gyazo.com/fbf442d09e47f03d140cf6c284e97506USOIL trading in a tight range!
Trade fermée: ordre d’arrêt atteint
We got caught in that last wick before the drop. Analysis was good, entry wasn't. Will take that in account next time around!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.