Trading setup for usoil (2016-08-09)

Zaktualizowano
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!
Uwaga
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.
Zlecenie aktywne
Double top formed.
Uwaga
The double top neckline was broken. Nice progress!
Zlecenie zamknięto ręcznie
Choppy oil~~~
Zlecenie aktywne
Uwaga
Triple top formed!
Uwaga
Nice progress! The triple top neckline was broken!
Uwaga
TP1 was touched! 41.8 was broken. I move the SL to 42.28.
Uwaga
Half of position was closed. The remaining SL moved to 42.17.
Transakcja zamknięta: osiągnięto wyznaczony cel
analysisElliott WaveParallel ChannelsetuptradingCrude Oil WTI

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