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Tr8dingN3rd
Jan 27, 2022 8:23 AM

cl1! - Crude Oil - Coffee ready  Long

Crude Oil FuturesNYMEX

Description

Cup & Handle, ready & served.

Nice Risk Reward.

The only concern is the MACD, which points still to the downside. But hey, nothing is perfect.

And because of the great RiskReward, I'm in.

Comment

This looks even better on a 240min. Chart.
The last Candle closed above the handles high, so this is a great sign to me.

Trade closed manually

And closed for a tiny profit, since it doesn't seem to hold.

Looking for a potential new entry.
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