After a huge bearish trend which took days to develop, looks like yesterday we entered into a short-term bullish momentum.
If confirmed, it should be completed between today and next Tuesday. Will open a long position at 40.31 which is a 50% Fibo retrace from yesterday´s movement. TP: 44.50, SL: 39.50.
This movement was a part of my longer term EW setup. Therefore, if this bullish movement happens, I will post this long term trading setup.
If confirmed, it should be completed between today and next Tuesday. Will open a long position at 40.31 which is a 50% Fibo retrace from yesterday´s movement. TP: 44.50, SL: 39.50.
This movement was a part of my longer term EW setup. Therefore, if this bullish movement happens, I will post this long term trading setup.
交易進行:
Advancing well. Looking to add long at the nesrest dip
交易進行:
All longs to breakeven. Growing USD has never been good for commodities
交易結束：目標達成:
Target reached but the movement wasn´t a clear 1-2-3-4-5 movement, there were plenty of zizags which mean a correction rather than a start of a new trend.
Still expect oil a little higher, then one more leg down
Still expect oil a little higher, then one more leg down
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
W1 and W3 are zig-zags, therefore it is a correction. Will try to post a longer term movement on a weekend. For now, I keep my only left long at breakeven.
Will add long only if I see a sharp movement up