Hey everyone, after a patient play out of short seen below, finally a long setup popped up on me. I see a finished EW correction topped out by falling wedge formation with bullish divergence on indicators. Markets turning bullish and with Bitcoin and cryptocurrencies , I´m adding in bag some oil longs. This is very nice and conservative Risk:Reward 4...
buy opportunity on #cadchf h4 chart
Another Trading Snack! Using my weekly chart I’ve formed this oil trading bias for some time. That and I deeply respect the EW 5 wave patterns on longer time charts. Let me explain... Yes that’s right! I suggest that new lows could come in price action on the WTI even though the oil war had come to an end as some pundits were reporting in the news. I have...