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USOIL - Shark PRZ violated, sell on retest

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Hey guys, this is a follow up on my view on USOIL after my webinar yesterday.

Pattern Identification

I see a bullish shark completing at 51.20 yesterday.

Trade Execution

I was telling everyone to watch for a reaction at the PRZ before any longs.

Because we do not trade with pending orders, this is a trade that we did not get to execute and I am glad this way of execution has prevented so many losses for my followers.

Going forward, violated PRZ zones usually become very good S&R levels.

I will be looking to short USOIL upon a retest of 51.20 preferably after a pinbar/hammer is formed at 51.20.

Will keep you guys posted!
Dagangan aktif
Perfect pullback to 51.2. Got filled on a pending order. Targeting 47.20 for tp.
Nota
Correction, my order was filled at 50.40 upon a triangle breakdown on the hourly timeframe. Not $51.20. My order at $51.20 was not filled. This is an example of how to trade the PRZ breakdown.
Dagangan ditutup: sasaran tercapai
47.20 was reached last night.

Captured the move from 50.40 to 47.20, netting 320 pips.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.