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descending wedge offers pontential setup
ProShares Ultra Bloomberg Crude Oil
Long
descending wedge offers pontential setup
By FractalTrader
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Updated
Oct 8, 2016
4
Sep 24, 2016
A break below the prior low, followed by a break back above the wedge is where I see the best R/R.
Oct 1, 2016
Note
this setup has been invalidated. because the setup never had a chance to complete (required a move below 8.41), there was no risk
Oct 8, 2016
Order cancelled
oil broke out of the pattern before the setup was triggered. Opportunities are made up easier than losses.
Oil
FractalTrader
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