Crude looks like it went up too fast and too far. The latest price action looks like a wedge within a wedge. A correction is likely.
This particular trade idea shows a 2.5 / 1 Reward / Risk ratio. S/L & Target are within the green/red box on the chart.
Good luck guys!
This particular trade idea shows a 2.5 / 1 Reward / Risk ratio. S/L & Target are within the green/red box on the chart.
Good luck guys!
Trade closed: target reached:
Closing this now. Will try to re-enter after a bounce.
+4.3%
+4.3%