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NAK1987
May 4, 2022 8:18 PM

BNO , LONG , 2nd attempt Long

United States Brent Oil Fund, LP ETVArca

Description

Arguably I missed an entry on the 2nd for this after getting stopped but it was actually intentionally done as I felt to uncertain as to the effect that the Fed rate change would have on this and wanted more evidence . Now I have it and I think it is a reasonable time to try again here .

I decided that since my stop is far on this one, I would shoot for 1.5R initial pt vs 2R. I plan to sell 1/3 and raise stop below entry candle there, should trade work ..

Stop - 30.36
PT - 33.73

Trade closed: stop reached

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