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USOIL Buy

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Chart Patterns Wave Analysis Trend Analysis Oil oiltrading oilforecast oillong
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  • We have a Point of Interest on 1 HR timeframe, that last sell to buy candlestick.
    That looks like a sponsored candle before that big up move of 700+ ticks.
    We cleared the EQLs you see on the chart, and now price is corrective and losing momentum.
    We see too many dojis and spinning tops showing uncertainty.
    Fundamentals shows us strong that oil needs to get strong, oil companies now are losing money.
    Stoploss behind the imbalance in case we see more lower prices.
    I risk 2% on this (big risk) , but the reward will be... Rewarding ;)
    Let's see!
Komen:
as it appears came hit SL and building a schematic.
Buy is coming either this week or next week.
Took the loss like a boss, and when I catch the buy all losses plus Profits will be included! ;)

This idea was a loss, BUT setup is still there (and really promising one)
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