Oil just finished Gartley, and started a Butterfly?
Oil just finished Gartley, not sure if started a Butterfly. Since C is lower than A in this potential Butterfly. But the reality is that the resistance structure is just ahead. Let's see if there is SHORT opportunity available around 1.272 and the resistance structure.
Note
The resistance structure in Day view seems work. Get ready to SHORT tomorrow according to the kindle reaction.Trade active
RSI has Top Divergence in day view. OPEN SHORT on Monday,- TP1: 0.382, 47.4
- TP2: 0.5, 46.5
No further SHORT TP expected, and get ready to OPEN LONG later ;)
Trade closed manually
STOP LOSS at 50.70.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.