Hello Traders!
Oil has me excited now because patterns are becoming very clear, I have bee waiting on this pattern formation for months!!!
Anyway lets get to the nitty and gritty. What we have here is a Libra pattern, courtesy of Jack AKA tntsunrise as is his TV name. Encourage all to follow him, Great trader. currently top on TV.
I learned this trading pattern off of him and it has proved to stand the test of time over and over for many of my trade setups as well as many of his.(I will tag a few results of previous trades with libra patterns.
What makes this special is it is perfectly aligned with my 1.27 Ext. giving me a very good entry for my pattern completion zone.
also, we can trade some short contracts on the way down to that extension since we have a small correction in price. Obviously, who wouldnt like to grow their account to be able to drop heavier contracts on the Oil buy without over risking?!!
good chance of Oil reaching above $100 a barrel. if anyone gets in on this and hold to 100, HUGE profit. anyway, on a side note, save up for gas money America cause we may be going back up to $3-$4 /gal :P
BTW, UKOil will be doing something similar as well, but I dont think I gotta publish this idea twice to such a smart group of traders :)
Libra examples:
NZDUSD is out of date now but I still remember that trade til this day. Very profitable day for me :)
Copper was Phenomenal
GBPUSD is a kinda ugly chart since It was only my first yr trading but still great example of the Libra. has 2 trades in one that hit targets. Libra and an ABCD pattern
Also a Libra
And as icing on the cake, My Oil chart indicating my forever wait
Oil has me excited now because patterns are becoming very clear, I have bee waiting on this pattern formation for months!!!
Anyway lets get to the nitty and gritty. What we have here is a Libra pattern, courtesy of Jack AKA tntsunrise as is his TV name. Encourage all to follow him, Great trader. currently top on TV.
I learned this trading pattern off of him and it has proved to stand the test of time over and over for many of my trade setups as well as many of his.(I will tag a few results of previous trades with libra patterns.
What makes this special is it is perfectly aligned with my 1.27 Ext. giving me a very good entry for my pattern completion zone.
also, we can trade some short contracts on the way down to that extension since we have a small correction in price. Obviously, who wouldnt like to grow their account to be able to drop heavier contracts on the Oil buy without over risking?!!
good chance of Oil reaching above $100 a barrel. if anyone gets in on this and hold to 100, HUGE profit. anyway, on a side note, save up for gas money America cause we may be going back up to $3-$4 /gal :P
BTW, UKOil will be doing something similar as well, but I dont think I gotta publish this idea twice to such a smart group of traders :)
Libra examples:
NZDUSD is out of date now but I still remember that trade til this day. Very profitable day for me :)
Copper was Phenomenal
GBPUSD is a kinda ugly chart since It was only my first yr trading but still great example of the Libra. has 2 trades in one that hit targets. Libra and an ABCD pattern
Also a Libra
And as icing on the cake, My Oil chart indicating my forever wait
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Oil has a very nice Gartley to short for the begining of this week. can hold all the way up to the ext. target. i will be looking to short from top or at a B.O.
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I am so happy Price is going back up to the completion of Gartley zone, we can already start to see Massive Divergence is forming on RSI and MACD as price approaches the previous high.
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I'm most likely not taking any chances to miss this drop, I there is a bat and abcd completion at a .886 retracement. will be watching divergence
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Last night price continued to rally. its almost at my PRZ
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Oil is just buttering me up hahaa
been waiting for my limit order to hit and its just rallying, dropping, rally, drop, rally, drop. if it hits this week then great, at this pace im wondering if the first thing Oil is going to make me do is hold a weekend spread before giving up some profits
been waiting for my limit order to hit and its just rallying, dropping, rally, drop, rally, drop. if it hits this week then great, at this pace im wondering if the first thing Oil is going to make me do is hold a weekend spread before giving up some profits
David K Giraldo
