CryptoFXTrading

BCOUSD Bounced off resistance

Short
FOREXCOM:BCOUSD   UK Crude Oil CFD
Testing the waters with BCO as I see weakness. Going in light and will add as I see confirmations with my trading systems.

First target is 2:1
Second target 4:1
Order cancelled: Bailing out of this trade since the neckline was not able to act as resistance and price went right through it. I am also getting buy signals from my short term trading system so I am sidelining for now until I see evidence of weakness again.