Trading setup for usoil (2016-08-09)

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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!
Ghi chú
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.
Giao dịch đang hoạt động
Double top formed.
Ghi chú
The double top neckline was broken. Nice progress!
Giao dịch được đóng thủ công
Choppy oil~~~
Giao dịch đang hoạt động
Ghi chú
Triple top formed!
Ghi chú
Nice progress! The triple top neckline was broken!
Ghi chú
TP1 was touched! 41.8 was broken. I move the SL to 42.28.
Ghi chú
Half of position was closed. The remaining SL moved to 42.17.
Đóng lệnh: đạt mục tiêu
analysisElliott WaveParallel ChannelsetuptradingCrude Oil WTI

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