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Elliott wave analysis on usoil (2016-07-30)

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Kontrak Berjangka Minyak Mentah Ringan (NYMEX:CL1!)  
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Crude Oil WTI Elliott Wave analysis Parallel Channel
15
21
usoil elliottwaves analysis parallelchannel
Oil started rebounding when it came to the potential reverse zone at Friday.
Where will oil go from the view of harmonic pattern?
From elliott wave analysis, the correction wave completed likely.
Elliott wave analysis on usoil (2016-07-23)
Break out of the sharp decline channel will confirm the rebound.

Trading suggestion:
Go long when it breaks out of the decline channel with SL at 40.5
TP1: 43.19
TP2: 44.51
TP3: 45.90

No confirmation, no trading!

Good luck for everyone!
Trade aktif
Komentar:
Be careful! it might be a false break. I set a tight Stop Loss at 40.5!
Trading ditutup: stop tercapai:
Oil is still very bearish. I shorted it again. I am looking forward it going to bottom of the weekly decline channel.
snapshot
Komentar:

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