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Trading setup for usoil (2016-08-09)

523
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!
Catatan
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.
Trade aktif
Double top formed.
Catatan
The double top neckline was broken. Nice progress!
Trading ditutup secara manual
Choppy oil~~~
Trade aktif
Catatan
Triple top formed!
Catatan
Nice progress! The triple top neckline was broken!
Catatan
TP1 was touched! 41.8 was broken. I move the SL to 42.28.
Catatan
Half of position was closed. The remaining SL moved to 42.17.
Trading ditutup: target tercapai

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