dojitrader

Buy The C Wave ? Really Sell The Completion !!!

Short
FX:USOIL   CFDs sur Pétrole brut (WTI)
2
IF, and it's a BIG IF, this pattern plays out as the flat
I've laid out, to the 4th wave of one lesser degree,
the sell point should be around 101.50/80. That puts it
in the middle of lots and lots of technical possibilities.
Should we get 3 waves in B I'll be looking to buy for the
trip into the .50% retracement area.
BUT, the big reason for this trade is selling the
5 waves of C for what could be a 3-3-5 flat wave correction
of the 5 larger waves down.
Should this transpire target 1 is the end of wave 5
and target 2 is support on the 4 hr chart
Hopefully stops will become more precise
as price completes the pattern and the candlesticks
may shed some light as well.
Clause de non-responsabilité

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