Last candle on USDCAD on the D1 is a spinning top also in confluence of 78.6%
USOIL had completed an AB=CD pattern also having a spinning top on the weekly and D1 with a confluence of 78.6%
I am looking to trade in reverse of USOIL.
Refer to USOIL analysis:
2 Pending Buy
1st @ 1.3191
2nd @1.3107
SL @1.2996
T1 @1.3405
T2 @ 1.3564
Please feel free to comment - I welcome all views and critics. Thanks
USOIL had completed an AB=CD pattern also having a spinning top on the weekly and D1 with a confluence of 78.6%
I am looking to trade in reverse of USOIL.
Refer to USOIL analysis:
2 Pending Buy
1st @ 1.3191
2nd @1.3107
SL @1.2996
T1 @1.3405
T2 @ 1.3564
Please feel free to comment - I welcome all views and critics. Thanks
Comment:
Manually entered the trade a couple hours ago at 1.321 for 1st position. SL adjusted to 1.3107 and target remain the same.
Trade closed: stop reached:
1st position got stopped out.
Trade active:
2nd entry was triggered.
Comment:
SL moved to break even.
SL moved to break even.
Trade closed: stop reached:
SL was moved to break even. 1st trade was a loss. 2nd trade ended up being a break even trade.