Nice place to add to oil longs, falling wedge onto trend line. Hourly moving averages are still very bullish here and price is trading some way below the 200 MA. Stop loss below the previous hourly swing low in case the wedge continues to slide a little.
Falling daily 200MA is the barrier so i'll still be taking long profits at each resistance point before my actual ideal target of $44.
Falling daily 200MA is the barrier so i'll still be taking long profits at each resistance point before my actual ideal target of $44.
交易結束：目標達成:
Nice quick profits from this day trade, look for re-entries on swing lows
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
Telegram coming soon.
Telegram coming soon.