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zhipengcfel
9. Aug. 2016 08:19

Trading setup for usoil (2016-08-09) Short

Crude Oil FuturesNYMEX

Beschreibung

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!

Kommentar

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 ist aktiv

Double top formed.

Kommentar

The double top neckline was broken. Nice progress!

Trade wurde manuell geschlossen

Choppy oil~~~

Trade ist aktiv

Kommentar

Triple top formed!

Kommentar

Nice progress! The triple top neckline was broken!

Kommentar

TP1 was touched! 41.8 was broken. I move the SL to 42.28.

Kommentar

Half of position was closed. The remaining SL moved to 42.17.

Trade geschlossen: Ziel wurde erreicht

Kommentare
prasanro
sir good analysis please posted continuously forever to learn novice trader like me
zhipengcfel
Thanks. I will update for each setup. After closing one setup, I will post a new one.
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