As previously posted, we believe that Oil has to complete a z wave of a triple three to conclude cycle wave (2) below 67.
So far, we closed the last trade at our breakeven price (79.1) after observing that price action was overlapping and corrective (see the higlighted box.
We then still have 0.8% to risk and we are looking for a short setup around the 0.5 fibo retracement (yellow area in the main chart).
We will update below
So far, we closed the last trade at our breakeven price (79.1) after observing that price action was overlapping and corrective (see the higlighted box.
We will update below
Bình luận:
0.5% fibo is at 82.212, while the level for which a=c in B is 83.7.
Giao dịch đang hoạt động:
short @81.8 stop loss 84 0.6% risk
Giao dịch đang hoạt động:
0.5 fibo wicked
Giao dịch đang hoạt động:
stop loss on entry
Giao dịch đang hoạt động:
looking for entering another short positon
Bình luận:
80.32 added short
Giao dịch đang hoạt động:
now our average entry is 81.1 risk 0.5% of equity at 82.4.
Giao dịch đang hoạt động:
Golden Zone. Stop loss on average entry 81.1. This can still make an higher high.
Giao dịch đang hoạt động:
Closed at entry.
Giao dịch đang hoạt động:
Restriked 81.4 Stop loss at 82.4 is 0.4% of equity
Giao dịch đang hoạt động:
stop loss on entry
