The bearish shark told us the usoil is heading for 39.75-40.2

7 במרץ 2016

After this shark ,i will long at the 5-0 pattern followed

18 במרץ 2016

עסקה פעילה

Short at 40.85
SL:42
TP:36

19 במרץ 2016

הערה

The price reverse sharply

19 במרץ 2016

הערה

I paste a chart of 5-0 pattern
this pattern told us the PRZ is at 50%BC and the reciprocal AB=CD
but we can see these price level does not converge well ,one hand is that we are looking at a continuous contract,on the other hand,the prices ususlly reverse from 0.618BC.
So, everything depands on how the market goes,and noting could be predicted exactly
Once the price goes down towards the area,pay attention,and decide bravely.

1 באפר׳ 2016

הערה

I already take 1/3 my profit ,have you?

4 באפר׳ 2016

הערה

the price goes nicely ,but is getting closer to the PRZ

8 באפר׳ 2016

הערה

AB=CD pattern
0.618 retracement
these two patterns tell us the 39.6-39.7 is a great level to short again

8 באפר׳ 2016

עסקה פעילה

Trade active at 39.6
SL:40.2