danresdidualfx

Trade setup: USOIL short term perspective

Short
TVC:USOIL   CFDs on WTI Crude Oil
ah sorry, I wasn't impulsive enough to give my perspective on this trade setup, but we've had a sudden move to the upside, however, we rejected a key long term trendline as our 3rd drive, also 4HR candle spiked and closed below 53.00 as a shooting star , ideally if we could get further spikes into the highlighted region we could enter for short trades to the targeted D extension which is at a key psychological/ support level .

-Risk reward is great as usual with a 1:4 ratio

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out