Trader-VincentH

Pattern Combo, USOil Short Setup

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FX:USOIL   原油差價合約(WTI)
USoil is forming a wonderful pattern combo: Bearish Butterfly and Builish Cypher, conjoint at 52.72.

Moving average is turing flat, together with declining momentum on MACD, both shows negative direction toward oil price.

Good trade to short , with good risk-reward ratio, together with the over supplied production.

Short @ 52.72
SL:54.5
TP1:50
TP2:49.2
TP3:47.2
TP4:44
交易進行:
Pattern runs well, heading to 49.72
交易進行:
TP1 reached, watch out support near 200MA and TP2, downside prevails
交易進行:
Price fail to hold over 50, TP2 reached, heading to Tp3 and TP4

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