We decided to analyze the daily graph of oil as we found an interesting technical model called-Doji, What Does a Doji Tell You? analysts interpret this as a sign of reversal. So our recommendation is Sell position
We also added the Fibonacci Retracement to know where we were going
Sell Brent (oil)
Entry Price: 66.30
Stop loss: 67.30
Take Profit: 65
We also added the Fibonacci Retracement to know where we were going
Sell Brent (oil)
Entry Price: 66.30
Stop loss: 67.30
Take Profit: 65
Trade closed: target reached:
130 points of profits