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JaimePantoja
Sep 12, 2016 2:10 PM

Long scenario for USOIL 

WTI CRUDE OILTVC

Description

So far the price is close to the Lower Limit of the uptrend channel, moreover the most immediate downtrend line has been broken, so for now I will expect a further retracement and then look for Long Set Ups in order to enter the market ... remember to always take trades based on a well defined trading plan adn the risk tolerance parametters of each trader ... good trading!

Comment

On lower time frames you could look for entries that provide a goor risk reward ratio
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