Get started
breakoutfakeout

US OIL double bottom. Big pump up?

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
breakoutfakeout Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators Crude Oil WTI Crude Oil uscrude Oil oiltrading oilprice WTI wticrude wticrudeoil
4
0
trendanalysis chartpattern indicator usoil crudeoil uscrude oil oiltrading oilprice wti wticrude wticrudeoil
US crude posted a nice double bottom on the 15 min chart after the expected fakeoutbreakout (see other post). After taking some nice short profits on that trade this was a great long already netting some quick profits with huge momentum as we moved back into the triangle.

I'm holding 30% of position for a move higher. Will look to add again on pullbacks. Daily chart is showing a buy signal
Comment:
Join us at breakoutfakeout.com for training and 1 to 1 coaching
Trade closed: target reached
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.