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DayTradingOil

Long Oil if Price Holds Above 58.65

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
DayTradingOil Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Beyond Technical Analysis Crude Oil WTI Crude Oil oilfutures
6
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trendanalysis chartpattern beyondta usoil crudeoil oilfutures
Looking like we could get a long here today if we stay above 58.65 for US open. Shorter timeframe confluence with market structure.
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If price can maintain above potential levels to watch price action will be 59.40, 59.71, 59.90, and 60.19
Comment:
Trade active:
Long Entry: 58.65
Stop Loss: 58.48
Targets: 59.40, 59.71, 59.90
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Break Even set @58.67
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Watching 59.06 to potentially take partial profits based on price action at that level
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Wicked through 59.06, took partial profits, moved breakeven up to 58.82
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Price came 1 cent away from break even. Hoping for price to continue up beyond 59.40 to the aforementioned targets.
Trade closed: stop reached:
Stops closed remaining position in profit @ 58.82
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Price eventually made it to 59.40
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