USOIL IS RETRACING AT THE MOMENT , I'M LOOKING AT THAT FTR WICH I THINK IT WILL BOUNCE OF MOMENTUM TO THE UPSIDE WAS FAIRLY STRONG....
IF YOU ARE TAKING THE TRADE MARKET EXCECUTION SHORT UNTIL THST FTR
OTHERWISE WAIT AND RIDE THE BULLS TO THE UPSIDE IF IT PANS OUT AS PLANNED
MY TARGETS UPON ENTRY OR IF WE ARE TRIGGERD
TP 1 - FIB LEVEL 0.5 50% (27.69)
TP 2 - FIB LEVEL 0.618 ( 29.71)
PERIOD - WOULD BE A SWING TRADE 4-5 DAYS UNTIL NEXT WED FUNDAMENTALLS
RISK MANAGEMENT - FUNDAMENTALS ARE CRAZY...
IF YOU ARE TAKING THE TRADE MARKET EXCECUTION SHORT UNTIL THST FTR
OTHERWISE WAIT AND RIDE THE BULLS TO THE UPSIDE IF IT PANS OUT AS PLANNED
MY TARGETS UPON ENTRY OR IF WE ARE TRIGGERD
TP 1 - FIB LEVEL 0.5 50% (27.69)
TP 2 - FIB LEVEL 0.618 ( 29.71)
PERIOD - WOULD BE A SWING TRADE 4-5 DAYS UNTIL NEXT WED FUNDAMENTALLS
RISK MANAGEMENT - FUNDAMENTALS ARE CRAZY...
Trade active:
TP 1 HIT
TP 2 DANGLING
TP 2 DANGLING