Tradingwithtamil

Crude mid-day analysis; Seems Bearish

Long
Tradingwithtamil Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Huge opportunity for a big profit.oil seems to be bearish
In a day time frame,we found a bearish engulfing in 1 hr time frame we found an inside bar breakdown.
currently price sticks on 71.85,sell it before hit SL 73.10.
It may run down up-to 70.80-68.00,if this a steady run means price will fall to 61.00
Get ready for a huge reward

SL 73.10
SELL ENTRY :71.85
TP1 :70.80
TP2 :68.00
TP3 :61.00
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Note:
Trade signals would usually have a risk to reward ratio of 1:2. This means that even if just 2 out of 4 signals hits their SL marks, the other two that would have closed profitably would allow you be in good overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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Best
Forextamil
Trade closed: target reached:
oil rewarded.

target TP1,TP2 achieved(511 PIPS).

follow our updates for profitable trade.

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