West Texas Oil
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US OIL- Pt.4- Are we ready for the sixties?

124
As previously posted, we believe that Oil has to complete a z wave of a triple three to conclude cycle wave (2) below 67.
So far, we closed the last trade at our breakeven price (79.1) after observing that price action was overlapping and corrective (see the higlighted box.
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We then still have 0.8% to risk and we are looking for a short setup around the 0.5 fibo retracement (yellow area in the main chart).
We will update below
Not
0.5% fibo is at 82.212, while the level for which a=c in B is 83.7.
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İşlem aktif
short @81.8 stop loss 84 0.6% risk
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0.5 fibo wicked
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İşlem aktif
stop loss on entry
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looking for entering another short positon
Not
anlık görüntü 80.32 added short
İşlem aktif
now our average entry is 81.1 risk 0.5% of equity at 82.4.
İşlem aktif
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Golden Zone. Stop loss on average entry 81.1. This can still make an higher high.
İşlem aktif
Closed at entry.
İşlem aktif
anlık görüntü
Restriked 81.4 Stop loss at 82.4 is 0.4% of equity
İşlem aktif
stop loss on entry

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.