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martin1024
Nov 14, 2016 7:53 PM

Long OIL.WTI bounce from support Long

U.S. DOLLAR / WTI CRUDE OILICE

Description

Fundamentals for OIL.WTI are long-term bullish, as market should react positively towards President-elect Trump's plans of investment projects. At the moment we are near the strong support around 43 USD. Price action on H4 confirms the bullish reversal (Bullish Three-Bar Reversal)

Trade active

Our trade is looking very good at the moment, I am currently 300 points in profit :) To play safe, I also moved both stoplosses to break-even.

Trade closed: target reached

Just for the record:
1st target reached on 22nd November
2st trade was closed manually on the same day - I noticed a reversal there.

Really great trade, I hope I will get trades like this more often :)
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