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moneymaking
12 nov. 2015 14:24

USOIL: BULLISH GARTLEY PATTERN WITH AB=CD HARMONIC MOVE [D]!!! Long

Crude Oil (WTI)FXCM

Description

Hello Traders,

Here we have a valid bullish Gartley pattern along with valid harmonic AB=CD move on FX:USOIL. Both patterns are completing right at the 127.2% fib extension level. We can probably wait for an even deeper CD leg completion, in order to get better risk to reward for this setup. Stops and targets are labelled on the chart above.

NOTE #1: Crude oil inventories news event is coming up today @ 11:00 AM (EST).

Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)

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Commentaire

UPDATE #1: Hello Traders, our long entry has been triggered :)

Trade fermée: ordre d’arrêt atteint

Commentaires
KVE
Going well so far, I had the same view.
moneymaking
Hey mate, yeah going pretty well or now. Hoping for at least target #1 to hit, before going lower. Thank you and all the best :)
PankajKChaudhary
Yeh I agree this pattern almost developed, Confirmation will come if daily EOD closing comes above 42.53, for long entry.
moneymaking
Hey mate, sounds good, all the best :)
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