TrainingTrader

BCOUSD OVERSOLD! Trade for pullback

Long
OANDA:BCOUSD   Brent Crude Oil
BCOUSD
CRUDE OIL INVENTORIES REPORT OUT LATER
Current outlook: LONG

Oversold under:
RSI : 30 Mins
RSI : 60 Mins
RSI : 4 Hours.

Price range now is also near support level.

Market looks dangerous to go long but will be entering it to try and get pullback profit.

TP: 63.30
Position duration: ~14 days

Comment:
Lower TP target to ~63.00
You can now put stop loss at ur order level or slightly higher to prevent losses for this trade

Trade safely cheers
Trade closed: stop reached:
hit my trailing stop loss.

profit by a small margin
Trade closed manually:
closed with +32 pips

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