USOIL Long trade - 1H trendline broken

Short term USOIL long trade based on intraday chart development & daily conflunce.

Looking at daily chart we can see that price has decelerated around 47.50 which has acted as horizontal support & resistance level couple times in the past.

Zooming in to intraday chart (1H) we can clearly see that price fails to make lower lows making triple bottom pattern on 47.00 level. After that Oil has broke 1H bearish trendline as well as 1H50EMA which was holding price quite nicely and create a higher high on that timeframe.

My strategy is to wait for 1H50EMA retest which coincides with pivot point for the day.

Targeting 4H50EMA as it was well respected in the past. Also weekly chart looks still bearish for me, so I don't want to overextend my target and I'm happy with 1% profit.

交易結束:達到停損點: UPDATE: As the Crude Oil Invetories came out positive oil has dropped massively within couple minutes.

So trade end up with -1% loss. On to the next one.
good to be long
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出