Hey traders! Here's a quick 15m trade I may be taking. The confluence isn't perfect, so I'll be looking for some overshoot of the symmetrical triangle before the drop toward target. Updates to come!
Trade closed: target reached:
Nice win here overnight. Trade triggered since I account for spread with a slight amount of padding on pending orders. I'm going to look for longs around current levels. I will update with an new chart.
Also, check out the wave count on OIL:
Long position active!
Long worked out as well, short bias now. Check ideas for more info. Cheers