Rule_no1

LONG CRUDE WHEN EVERYONE IS BEARISH (UPDATED)

Long
CURRENCYCOM:OIL_CRUDE   Crude Oil
Good Day Traders!

Here's the trade idea and do let me know if you have any questions! 💰💰💰

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Our CRUDE setup (updated following June futures contract)

Rules:
1. LONG ONLY when price touched the white box. (Checked)
2. LONG ONLY when bullish candlestick formed in 4H/1D chart. (we are waiting for this)
3. DO NOTHING when above #1 & #2 are not met.

TP 1 : level near 29.00
TP 2 : level near 34.00
CL : closed below 19.50
RR > 5

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"All winning professionals know the enormous importance of psychology. Most losing amateurs ignore it."

DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.