USOIL - Doubelbottom retest in uptrend

5 mai 2016

USOIL has been trending upwards recently. now we saw a smalle retracment that may or may not came to an end after the double bottom. i just bought the retest of the neckline and now im looking for more upside. my stops are below the double bottom. that gives me a 1:1 for the retest of last month highs

i might also look for trendcontinuation above those highs with a smaller part of the postion

9 mai 2016

Note

i will bring my stops to breakeven now here. dont wanna see the market fall down again, instead i want to see followthrough to the upside.