USOIL 11/26/2019
Oil on a similar setup to the USDCAD call from yesterday (which would be progressing to target had I not let myself be influenced by the decisions of others). The USDCAD setup was far stronger because I had a Daily bias and the liquidity pools were much more obvious.
Here we have an inverted H&S with the right shoulder having a Bullish Engulfing break and close above the neckline.
Targeting the double top where stops and buy orders are sure to accumulate.
Here we have an inverted H&S with the right shoulder having a Bullish Engulfing break and close above the neckline.
Targeting the double top where stops and buy orders are sure to accumulate.
Nota
Quite a bit of chop and volatility after entry, but looks to me like we've flipped that neckline. I was considering cutting out of this trade, but USDCAD and USOIL are inversely correlated. USDCAD had a nice move to the downside at the end of yesterday's session.Dagangan ditutup secara manual
Closed at 58.53
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.