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ConsciousFX
Jul 20, 2020 9:32 AM

Oil to push towards $43.00 Long

WTI CRUDE OILTVC

Description

Stop-Loss: $39.69
Take-Profit: $42.99
On the larger Daily structure we have had a clear 4 Hour wick rejection. on the smaller structure we are clearly creating Triangle continuation structure allowing for a 2:1 risk/reward set-up.
Comments
craiggemail1
Hi - still think this will continue to rise?
ConsciousFX
@craiggemail1, Hey, if you are in this trade now is the time to move your stop-loss to $41.00 to protect risk + psychology. This is the deciding point if it will continue upwards or break this structure.
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