I missed this asset a long time ago at the start of bullish run and haven't found good setup yet to enter.
Looks like a top in my book. Still OIL has not breached RSI50 and stepped out of BB, so it's risky territory on my criteria. However RR is nice and I'm not aiming at greedy TPs, so why not open a small position on this one.
Will monitor this trade especially the two following days.
Trade with your own diligence.
GL HF
Looks like a top in my book. Still OIL has not breached RSI50 and stepped out of BB, so it's risky territory on my criteria. However RR is nice and I'm not aiming at greedy TPs, so why not open a small position on this one.
Will monitor this trade especially the two following days.
Trade with your own diligence.
GL HF
Comment:
Closed 35%@TP1. Nice momentum.
Comment:
You can choose to close trade here. There will be a pullback, and I don't feel assured that SL@BE won't be taken away.
I'm closing 50% more here@58.7, and setting SL@BE.
I'm closing 50% more here@58.7, and setting SL@BE.
Trade closed manually:
As expected, SL@BE hit!
Comment:
Time to reshort! I will open a new idea.
