Art-of-FX
Long

Oil playing out as expected

FX:USOIL   Crude Oil (WTI)
62 3 0
Ive been watching oil             since the start of December. I initiated a long at 45 and got the monthly wick i was hoping for. I would like to see a move to the top of the triangle.
Oil has dropped a fundamentals didn't favor it.Now, nothing has changed, fundamentals are unsupportive. I can't see oil climbing further than 55 USD.
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I dont trade fundamentals, Half profit taken at 50$ and stops in profit:)
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Half profit taken at 50, stops in profit
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