Between 54.015 & 53.800 and between 53.800 & 50.800 the big picture is still bullish ...
Start of last week we got a good news from the OPEC - as the price rocked Up (from 53.130 until 55.501). Suitable
in this context is maybe the technical fact, that while the 2nd half of the week, traders traded BCOUSD in a trend-reversal-formation (something like a w wave)....
Hello everybody!
First time for BCO. I have bee asked to put a daily chart. then let's go.
Anyway, No risk plan Ahead. WIN WIN situation.
BCO touched a major resistance and it's now retracing to it's .5 fibo lvl.
Match plan :
1 - take (BUY)the retracement ( at least 260 pips )
2 - when PA is in the Sell Zone, Sell what you bought.
3 - Wait until it...