[BCO][BRENTCRUDEOIL] bad news for oil good news for us--NO RISK
Hi everybody!
This is a true free fall of the BCOUSD, I tried waiting for a retracement but it is not coming. Verified that on higher TFs(Weekly/daily).
Next strong resistance arround 43.264(target as well)
I verified every step of the downfall that happened, that'is why I put a small fibo (there was 6 before) ( 5/6 follows the .382 fib)
Little bit of technical (ichimoku) to confirm everything:
- PA just closed under KS on Weekly TF.
4H TF:
- TS<KS in a troubled water(attracting zone(sign of a bearish Signal))
- PA<TS<KS<Kumo
- CS<PA<TS<KS<Kumo ( and nothing that is blocking the way ).
-----------------
Target for Now is 43.264 but we will be looking for further down later on.
Plan :
- Wait for the PA to touch the (small).382 fibo
- take it all the way down.
Everything is on the chart. Need explanations ? ask your questions. Need my Idea on any other thing let me know.
**Never forget your helmet when you take the right candle**
**Enjoy trading ! it's thrilling"
and
**SL should NOT and almost NEVER be beyond 10 pips! JUST Wait for the right moment to get in ( Currencies )***
**I am trying to be as much precise that I can. **
**Use TradingView as a confirmation tool for your own strategy**
**Please study hard before placing your money on Forex**
Look at my other ideas right Below.
**You like what you see ? give it a thumbs up**
**FOLLOW ME FOR UPDATES**
This is a true free fall of the BCOUSD, I tried waiting for a retracement but it is not coming. Verified that on higher TFs(Weekly/daily).
Next strong resistance arround 43.264(target as well)
I verified every step of the downfall that happened, that'is why I put a small fibo (there was 6 before) ( 5/6 follows the .382 fib)
Little bit of technical (ichimoku) to confirm everything:
- PA just closed under KS on Weekly TF.
4H TF:
- TS<KS in a troubled water(attracting zone(sign of a bearish Signal))
- PA<TS<KS<Kumo
- CS<PA<TS<KS<Kumo ( and nothing that is blocking the way ).
-----------------
Target for Now is 43.264 but we will be looking for further down later on.
Plan :
- Wait for the PA to touch the (small).382 fibo
- take it all the way down.
Everything is on the chart. Need explanations ? ask your questions. Need my Idea on any other thing let me know.
**Never forget your helmet when you take the right candle**
**Enjoy trading ! it's thrilling"
and
**SL should NOT and almost NEVER be beyond 10 pips! JUST Wait for the right moment to get in ( Currencies )***
**I am trying to be as much precise that I can. **
**Use TradingView as a confirmation tool for your own strategy**
**Please study hard before placing your money on Forex**
Look at my other ideas right Below.
**You like what you see ? give it a thumbs up**
**FOLLOW ME FOR UPDATES**
Kommentar:
I will be updated other Ideas very soon. For now the market is trying to stabilise after the big impulse at 17h00 for the CAD and the JPY.
Kommentar:
time to sell guys. Best price ;)
Always worry about RISK, money will come with it!!!