Fuse00

Long USOIL

Long
Fuse00 Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
2
What I see is bullish divergence on Stochastic and price rejection at 161.8%. I would wait for price to reach 29.69, see the price action then decide to enter this trade or not.

Trade active:
Set stop loss at 30.70 and buy limit at 30.70 with same Take profit and stop loss at previous entry price with half the previous size.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.