DLavrov
Short

Bearish Engulfing Pattern

FX:USOIL   Crude Oil (WTI)
241 2 27
13 days ago
After strong up movement we can see a reversal candlestick pattern. Price bounces from Bollinger Bands with RSI confirmation. MACD histogram falls and gives us one more reason to think about opening short trades. Entry level is below the low of the bearish candle. Stop orders must be placed above the local swing high. Take profit orders should be placed near MA100.
7 days ago
Trade closed: target reached
RobertPapon
6 days ago
Well done!
Reply
DLavrov RobertPapon
6 days ago
@RobertPapon, Thank you!
Reply
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