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Bcoshort

[BCO][BRENTCRUDEOIL] bad news for oil good news for us--NO RISKHi everybody! This is a true free fall of the BCOUSD, I tried waiting for a retracement but it is not coming. Verified that on higher TFs(Weekly/daily). Next strong resistance arround 43.264(target as well) I verified every step of the downfall that happened, that'is why I put a small fibo (there was 6 before) ( 5/6 follows the .382 fib) Little bit of technical (ichimoku) to confirm everything: - PA just closed under KS on Weekly TF. 4H TF: - TS<KS in a troubled water(attracting zone(sign of a bearish Signal)) - PA<TS<KS<Kumo - CS<PA<TS<KS<Kumo ( and nothing that is blocking the way ). ----------------- Target for Now is 43.264 but we will be looking for further down later on. Plan : - Wait for the PA to touch the (small).382 fibo - take it all the way down. Everything is on the chart. Need explanations ? ask your questions. Need my Idea on any other thing let me know. **Never forget your helmet when you take the right candle** **Enjoy trading ! it's thrilling" and **SL should NOT and almost NEVER be beyond 10 pips! JUST Wait for the right moment to get in ( Currencies )*** **I am trying to be as much precise that I can. ** **Use TradingView as a confirmation tool for your own strategy** **Please study hard before placing your money on Forex** Look at my other ideas right Below. **You like what you see ? give it a thumbs up** **FOLLOW ME FOR UPDATES**
OANDA:BCOUSDShort
by KinkoHyoTrading
2