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USOIL Long Trade Setup
Hello Traders
The last low can be the end of the bigger correction, and what has been made after the last low can be the reversal impulse. If so, we should have an upward impulse, which will break the previous top. That's why I placed a pending order and I'm in the trade now. The risk here is the downtrend line. If it's broken, I'll buy more after a bigger correction. Otherwise, I'll close my trade around BE. If you want to take a long trade, I think a small correction over the purple trendline will be a good trade setup.
Trade with care.
Bulent
The last low can be the end of the bigger correction, and what has been made after the last low can be the reversal impulse. If so, we should have an upward impulse, which will break the previous top. That's why I placed a pending order and I'm in the trade now. The risk here is the downtrend line. If it's broken, I'll buy more after a bigger correction. Otherwise, I'll close my trade around BE. If you want to take a long trade, I think a small correction over the purple trendline will be a good trade setup.
Trade with care.
Bulent
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。