Potential Buy for USOIL
Reason for Entry (R/R) :
Daily-Bullish
4H-Bullish
Confirmations: Break of 4H Resistance and Retest structure forming, 4H Fib rejection of 61.8%, 1H Structure being held @ 50% Fib Level, 15m HH and HL being formed. Buy Stop Set at 41.4 (Twin Trade 1:2, 1:3)
Outcome :
Feelings going into trade :
Confident in setup getting multi-timeframe confirmation. UCad falling cause of US Dollar so that is also reassuring. Also Sunny (Friend of mine who is apart of Trading Group) who is more experienced trading Oil taking trade with me as well. I think this is an excellent setup to take as my first FTMO trade.
Feelings after trade :
(These are my journal entries btw)
Daily-Bullish
4H-Bullish
Confirmations: Break of 4H Resistance and Retest structure forming, 4H Fib rejection of 61.8%, 1H Structure being held @ 50% Fib Level, 15m HH and HL being formed. Buy Stop Set at 41.4 (Twin Trade 1:2, 1:3)
Outcome :
Feelings going into trade :
Confident in setup getting multi-timeframe confirmation. UCad falling cause of US Dollar so that is also reassuring. Also Sunny (Friend of mine who is apart of Trading Group) who is more experienced trading Oil taking trade with me as well. I think this is an excellent setup to take as my first FTMO trade.
Feelings after trade :
(These are my journal entries btw)
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