USOIL short term BUY

2021年4月5日

A nice flat is forming on the 4H time frame and I am taking he completion leg. then observe price action for a sell at the top of the C leg of the flat. Lets see how it plays out.

2021年4月5日

交易進行

Updating labels...

2021年4月6日

交易進行

The trade is looking good so far. The impulsive moves are always a pleasure to trade.
I would normally not move my SL to breakeven but the move is significant enough to do just that to be a risk free trade.

Do like the idea if you find it useful. Thanks.

2021年4月6日

註釋

Target price ==> 62.40

2021年4月7日

交易進行

A deep retrace for the Y leg. A good second opportunity to buy OIL shot term. Look for reversal pattern to buy.

2021年4月9日

交易進行

My trade is still active. Oil can be very slow to move when it is correcting. PATIENCE is the key.

Do like and comment if you like the idea. Thanks.

2021年4月14日

交易結束：目標達成

Played out nicely but one thing you must know about oil is that is is usually not fast in movement. So patience is the key. Cheers