USOIL met a big resistance at upper line of the decline channel and was rejected back yesterday. It forms a nice short setup if it breaks down the sharp rising channel.
Good luck for everyone!
No confirmation, no trading!
Notes: if it breaks out of the decline channel, this setup will be invalid!
Good luck for everyone!
No confirmation, no trading!
Notes: if it breaks out of the decline channel, this setup will be invalid!
Comment:
It seems that it got supported from the rising channel. This setup might be invalid. I will open long if it breaks out of the decline channel.
Trade active:
Double top formed.
Comment:
The double top neckline was broken. Nice progress!
Trade closed manually:
Choppy oil~~~
Trade active
Comment:
Triple top formed!
Comment:
Nice progress! The triple top neckline was broken!
Comment:
TP1 was touched! 41.8 was broken. I move the SL to 42.28.
Comment:
Half of position was closed. The remaining SL moved to 42.17.
Trade closed: target reached
