WaveAnalysis

USOIL Long Trade Setup

Long
CURRENCYCOM:OIL_CRUDE   Crude Oil
Hello Traders

The last low can be the end of the correction. If so, we should have a complete reversal pattern. That's why I placed a pending order, and it was triggered. I could set my entry price above the last top, but my plan is to move my SL to BE when we get that level. In this way, I won't lose any money if it makes another correction for one last downward impulse.

Trade with care.
Bulent

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