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RussFX
Jun 19, 2019 3:25 AM

What to watch out for on USOIL Long

Crude Oil (WTI)FXCM

Description

watching oil for a long.

need a slight pullback/retracement with price action showing signs of decelleration as we tap the 382 fib level.

If these confluences are met I would be confident in a long position as shown with the arrows for a good risk reward.

Trade active

Comment

Stops moved to break even letting full position run overnight

Comment

TP1 57.94
TP 2 60.83

Trade closed manually

profits taken after nice pa tap 1.681 extension

Comment

i am now short oil.

Comment

should have stayed long
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