Trading setup for usoil (2016-08-09)

מעודכן
USOIL met a big resistance at upper line of the decline channel and was rejected back yesterday. It forms a nice short setup if it breaks down the sharp rising channel.

Good luck for everyone!

No confirmation, no trading!

Notes: if it breaks out of the decline channel, this setup will be invalid!
הערה
It seems that it got supported from the rising channel. This setup might be invalid. I will open long if it breaks out of the decline channel.
עסקה פעילה
Double top formed.
הערה
The double top neckline was broken. Nice progress!
העסקה בוטלה באופן ידני
Choppy oil~~~
עסקה פעילה
הערה
Triple top formed!
הערה
Nice progress! The triple top neckline was broken!
הערה
TP1 was touched! 41.8 was broken. I move the SL to 42.28.
הערה
Half of position was closed. The remaining SL moved to 42.17.
עסקה סגורה: היעד הושג
analysisElliott WaveParallel ChannelsetuptradingCrude Oil WTI

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