Oil (USDWTI) Sell
4H timeframe needs to see a healthy retracement after a nice bullish run. Long term bullish, however our 1H timeframe is newly bearish along with our 15 minute timeframe. We are in the process of the 15min retracement for a bearish extension. 15 min candle just engulfed, confirming sells for me.
Sell
Entry: 73.65 - 73.75
SL: 74.30
TP1: 73.18
TP2: 72.55
TP3: 70.50
TP4: 69.20
R/R: 5.49
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.
Sell
Entry: 73.65 - 73.75
SL: 74.30
TP1: 73.18
TP2: 72.55
TP3: 70.50
TP4: 69.20
R/R: 5.49
• All ideas are at your own risk. Please use the appropriate risk management. We suggest never risking more than 5% of your balance in a trade. Trade carries a great risk, be careful! Loss streaks come as easy as winning streaks. If you use risk management, your account will increase with time.
Trade active:
TP1 + 50 Pips
