This is a long term trade, bullish in oil traded in 3 parts. We are trading in a channel which was confirmed when we saw good rejection of the weekly candles labelled. So we take a bullish stance targeting the upper boundary of our channel. This is however done in 3 trades,taking profit off the table at each stage. This final target is in the 80 area.
Entry: 3 positions @ 61.57
SL: 58.08
TP1: 68.62
TP2: 72.06
TP3: 80
Manage your risk as per your trading plan!
Entry: 3 positions @ 61.57
SL: 58.08
TP1: 68.62
TP2: 72.06
TP3: 80
Manage your risk as per your trading plan!
Trade closed: target reached:
1st target reached!
