USOIL SHORT THE STRCTURE AND AB=CD

Dec 2, 2016

USOIL HAD TOUCHED THE STRCTURE,
BY COINCIDENCE,THIS POSITION IS ABCD's D PIONT,
NOW WE SHOULD NOT LONG USOIL BUT KEEP WATCHING THE PRICE ACTION AT THIS AREA,

PLAN A:SHORT IT IF PRICE CANNOT BREAK THE STRCTURE,
SL:ABOVE 52
TP:48.13-45.87

PLAN B:LONG THE PULL BACK TO STRCTURE
SL:BLOW 51.64
TP:NEAR 57 LEVEL

Dec 6, 2016

Note

PLAN A is work,and don't try to short USOIL again.

Dec 6, 2016

Note

130 pips profit now.

Dec 7, 2016

Note

USOIL keep watching the price action at green support zone,
if break,short oil again.

Dec 8, 2016

Note

USOIL trend confirmed,hold your short and don't give it up.

Dec 12, 2016

Trade closed: stop reached