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Kav1ka

Long Oil Trade!

Long
U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
Kav1ka Updated   
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Trend Analysis Support and Resistance Candlestick Analysis crude Crude Oil WTI wtioil commodity commoditytrading
3
0
trendanalysis supportandresistance candlestick crude crudeoil wti wtioil commodity commoditytrading
After a false break above the trendline, still, I was anticipating a move lower and perhaps a retest of the bottom trendline for a short entry... that didn't happen and so, we missed out. However, as we inch closer to fill the Shaven Head Candle which is marked on the chart, that same level is also a strong support level - hence the long trade to.. as you might guess, to fill a Shaven Head Candle at 62.83.

Happy Trading folks!

Cheers!
Trade closed: target reached
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