USDWTI shorter term LONG

2018年4月23日

Analysis:

I've seen USDWTI trade out of its downward channel (reversing from a significant 2hr level)

It has currently created/in the process of creating, its wave 1


Hypothesis:

I am looking for a wave 2 pullback to the purple reversal zone where I have indicated by the blue arrow.
Price should bounce from this area and create its wave 3.

A bounce at this level after a abc correction should produce a impulsive wave higher (wave 3) similar to the wave 1.


Risk Management:
Take off half at 1:1, and move stops to Break even. Let rest ride to Target.

2018年4月24日

交易進行

Trade is now live:

Will continue to monitor on the 1hr chart.

2018年4月25日

註釋

Ideally I would like to see price have difficulty staying in my buy zone.
Because it is taking soooo long to leave the area... I am recommending taking 1/2 of the position off at entry price.
This will decrease your risk if price falls to our stop.

2018年4月26日

註釋

Update:
If you used the exact numbers here for the stop, you may have been hit, or you may have not been filled.
My stop was actually 2 ticks away from where price reached.
This update is for those still in, we have reached 1:1
we can take half off and let the rest ride.

2018年4月26日

註釋

Also you should be at Break Even with the remainder of your trade.

2018年4月26日

手動結束交易

Remainder of trade closed automatically at Break Even.