As previously posted, we believe that Oil has to complete a z wave of a triple three to conclude cycle wave (2) below 67.
So far, we closed the last trade at our breakeven price (79.1) after observing that price action was overlapping and corrective (see the higlighted box.
We then still have 0.8% to risk and we are looking for a short setup around the 0.5 fibo retracement (yellow area in the main chart).
We will update below
So far, we closed the last trade at our breakeven price (79.1) after observing that price action was overlapping and corrective (see the higlighted box.
We then still have 0.8% to risk and we are looking for a short setup around the 0.5 fibo retracement (yellow area in the main chart).
We will update below
تعليق:
0.5% fibo is at 82.212, while the level for which a=c in B is 83.7.
تم فتح الصفقة:
short @81.8 stop loss 84 0.6% risk
تم فتح الصفقة:
0.5 fibo wicked
تم فتح الصفقة:
stop loss on entry
تم فتح الصفقة:
looking for entering another short positon
تعليق:
80.32 added short
تم فتح الصفقة:
now our average entry is 81.1 risk 0.5% of equity at 82.4.
تم فتح الصفقة:
Golden Zone. Stop loss on average entry 81.1. This can still make an higher high.
تم فتح الصفقة:
Closed at entry.
تم فتح الصفقة:
Restriked 81.4 Stop loss at 82.4 is 0.4% of equity
تم فتح الصفقة:
stop loss on entry