3rd chance for LONG oil

FX:USOIL   CFDs on Crude Oil (WTI)
105 2 4
Wait for 46 . Be sure it is confirmed 2 times on hourly chart and go for it. I wouldn't long it before it touches 46.

SL 45.82

TP1 47.20
TP2 48
TP3 >48.5
well it has been tested 3 times on 4hrs chart before, so it may easily break 45.82 and keep going to 43, so i wouldn't suggest go long atm, but as always just my opinions, and you did put a tight SL, so worth to try. Cheers
kizly CalvinMinLi
I absolutely agree with your comment. This is the reason I said check at least two times and very tight SL.I might even wait for bounce above 46.20 less profit but much less risk. If it breaks this SL I beleive at least 43 is in.
Thanks for the comment. Rgds
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