TheTradersBias

Oil Setup - Waiting for confirmation

FX:USOIL   CFDs on Crude Oil (WTI)
So we had a good long trade as shown previously. Now we are waiting for the next long setup to confirm the long entry on the bottom indicator. If we get a confirmation it does not mean that we will take the trade. We assess all of the evidence available at the time and make a decision and not before. The most challenging aspect of trading for beginners is to have the patience to wait for confirmation of the setup.

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