ericlplun

Brent Crude Oil in the retracement process

Short
OANDA:BCOUSD   Brent Crude Oil
Trading Timeframe: H4 and Daily
Trend: Up
Current Position: Downward Retracement
Aim: Catching the downside movement as a retracement of the up trend.

Action: Short
Entry: Right now/once market open
Stop Loss: 72.90
Target Profit: 67.50

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.