USOIL. Possible Gartley pattern

6 Sep 2016

This is a very audaceous setup as we still have point C to be confirmed, there may not be any harmonic pattern at all.

The eventual pattern is located at key support and resistance levels and would also confirm a deep 23.60% retracement of what is considered a bullish Wave 1.

Shorts:

Entry: 47.70
SL: 49
TP: 41.50

Longs
Entry: 41.50
SL: 39
TP1: 44
TP2: 47
TP3: 55.22 (not related to a pattern)

8 Sep 2016

Nota

According to the plan.

Just wanted to strees an important point: EIA reports are not a reason for oil to move up or down. They are important to watch but they are just a trigger for the market to produce important movements. The direction of these movements can be predicted!

9 Sep 2016

Dagangan aktif

Short order activated at 47.70. Moved to breakeven

12 Sep 2016

Nota

Halfway done!

16 Sep 2016

Nota

Almost there

16 Sep 2016

Nota

We may hit the target on Monday. If everything is correct, we will start bouncing on 20th or 21st

25 Sep 2016

Nota

Shorts are welcome from 45-45.50 as it hasn´t reached the original target yet. A 10% movement is not a bad movement to catch, at all!

1 Okt 2016

Dagangan ditutup: hentian tercapai

Pattern was invalidated