CL1! - Crude Oil - WTI - H1 Intraday Analysis - Long

Crude Oil FuturesNYMEX

Description

⋅ May 29, 2020 12:32 AM

CL1! - Crude Oil - WTI - H1 Intraday Analysis -

We have a major Bullish Trend on the H4 & H1 charts, but the price is in a trading range
on the H1 chart price range between 31.00$ - 34.50$

We are waiting for a pullback @ a key level between the 0.618 - 0.50 Fibonacci Extension Level to enter long.

Our first target will be the 0.786 Fibonacci Extension Level and second target the 1.272 Fib Level.

■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■

Entry: 33.35 | Stoploss: 32.75 | Takeprofit1: 34.35 | Takeprofit2: 36.20 |

■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
If you like this idea please click the like button to support this channel, thanks.
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■

Comments

IMakeProfit

⋅ May 29, 2020 5:48 PM

oil is super bullish for some reason, trading been hellah profitable right??

Sami_Derti

⋅ May 29, 2020 11:23 PM

@IMakeProfit, Yes it was a good day :)

illuminating_trade

⋅ May 29, 2020 12:28 PM

Still your target is available.
I am strong bullish :)

Sami_Derti

⋅ May 29, 2020 12:37 PM

@danta_master, Yes if the Support @ 31.90 holds.

illuminating_trade

⋅ May 30, 2020 2:32 PM

@Sami_Derti, no doubt that it held :)

Sami_Derti

⋅ May 30, 2020 2:46 PM

@danta_master, 😁📉📈

illuminating_trade

⋅ May 29, 2020 2:15 AM

Thanks Sami!:)

Sami_Derti

⋅ May 29, 2020 2:44 AM

@danta_master, You welcome Danta ;-)