we predict oil will go down ,but in green arrow above,we will buy (buylimit) with sl=1.00$ put sellstop in low possible too ALERT= if red trend line break,oil can go to 90$ area ,so for your sells 100% put SL and never remove good luck
sl=64 tp=46 if open,dont close it with little profit,2-3 week be patinent,oil love fibo 61% check CL1! weekly chart,on 63.10 we have super powerful trend CL1! is same WTI Secret=oil and gold =super trendy
ramin stratgy buy= on 15 min chart wait 1 red candel close ,put buystop (on trendy markets like gold,oil never use buy or buy limit) on last clear high stoploss= below last clear low take profit = 3*sl or next daily piviot point sell=reverse of above money managment =1000$ max open posation =0.02lot 3 week try it in demo to find its secrets
i think oil will grow in zigzag trend , so put buystop on 15min last high ,sl below last low
BE READY FOR OIL 50$,,,,SO HOLD BUY TO NEAR 50$,,,IF YOU HAVE SELL, PUT SL ON LAST HIGH ,OIL CAN LY UP EMA200 IN 60MIN AND 1440MIN ARE VERY IMPORTANT ON OIL
oil can see 50$ with wild up move (witout pullback) put sl for your sell on 41.50 or daily EMA200 AC 240 min is important on oil
if below trend break oil can see 15$-20$ so be carefull from buy for find target use this drawing tool =trend FIBO EXTENTION 61-100-161% (it draw on last N shape) never open reverse pos on it alone , you need 2nd signal like EMA200 or support near it ,then you can put sellimit on it in ninjatrader =fibo projection,,,,, in metatrader you must load it to...