UnknownUnicorn1541497

USOil - Daily Chart - 2 Long scenarios

Long
TVC:USOIL   CFDs on WTI Crude Oil
Two scenarios on which i plan to take longs.

Scenario 1 (orange arrow):
Enter on an engulf, reclaim of the orange level.

Scenario 2 (blue arrow).
Support level held and creating higher swings.

Both aiming for the target at the blue line which is based on a weekly supply level.

Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.

Thanks for reading!
trader_se
Trade active
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.