eur10000000

Uptrend in Crude oil resuming.

Long
eur10000000 Updated   
NYMEX:CL1!   Light Crude Oil Futures
Nice pinbar formed in H4 and daily.
Can enter trade at current price or wait for the price to retrace downward to get better risk reward ratio.
Trade active:
The price has retraced downwards. Nice time to enter for a long trade that could give 1:5 reward ratio.
Trade closed manually:
Closing the trade as I feel that EURUSD is turning south again. Will wait for better entry point later.
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.