About this image :-
As you know that this is a chart of us oil and in this chart as you can see a doble top pattern is form and than evening start candle and than suddenly price will be decreases and today this post we learn how to identify this pattern before this movement. @hitradeofficial
What is the Timing of US Oil Trading :-
The answer is that if you want to trade in us oil than you need must volume and without volume you can not trade properly in normal condition so you have to required volume and than when us market will be open than volume is form and increases so you focus on us market when the us market will be open and in my case I follow Indian time at 15:00 in Indian timing I start focus in us oil chart and 18:00 nearly our trade will be executed and in most of case after 18:00 to 19:00 our trade will be executed and than 22:00 our trade will be close so I follow this time you can also follow this time if your country is not same with me and you can convert you timing and follow the Indian timing because this is very important for you trading. This way you can follow you time like me.
Which movement is required for trading :-
The movement is required mainly first to first wait for any small and big movement and than wait for trap because I also follow mainly trap trading so you can also follow the trading and than you wait for any candle sticks pattern or chart pattern and than in any candle sticks or chart pattern is form than measure you stop loss if you stop loss is you range than you can take this trade. This is a movement for required in trading.
How to plain this week of trading :-
The answer is that first to first daily may be in us oil trading trade opportunity is very less because in this trading our trade is very less but you can say that in a week al least 3 or 4 trade will be conform and than the timing is the trading is already we mention so follow the Indian timing and than may be our opportunity is very less but this is a opportunity towards a good trader because in this condition we learn discipline and patience so this is a very good opportunity so focus this trade and save you time and follow discipline. This you can plain you weekly trading in Intraday level.
Learning of this chart pattern :-
In this chart pattern you can see a doble top pattern is form and than suddenly price will be down so your learning is that you focus on pattern and wait for any opportunity without opportunity don’t trade and fix you target with technically that with your target is any support and any ema or 200 moving average or any other price action. These are all learning of this chart pattern and also this post.
