Happy Friday oil traders! On the 15 minute chart I see an Inside Bar formed with a positive next candle. Does this mean the price will continue to climb? I am taking a chance on a potential small gain. I entered in at $54.35. I would expect to see a gain somewhere between $54.85 and $55.00. SL set to $54. Let's see what happens and hopefully everyone will have a great weekend!
Trade closed: stop reached:
Well, I guess I shouldn’t adjust my stops too much. Tried to zero in on some profit, got stopped out, but at least made a very small gain. Something is better than nothing.