Oil it setting up nicely to trade this Fibonacci Channel. Wait for another small pullback and go long.
Target #1 will be at the 50% Fib line, Target #2 set at the top channel line.
Target #1 will be at the 50% Fib line, Target #2 set at the top channel line.
Trade active:
If target #1 is filled make another entry for target #2. Move your spot loss to lock in profits
Comment:
Target #1 reached. Second Entry was placed at 46.00 with a target at 46.50
Trade closed: target reached
Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview
Our free Telegram channel: t.me/TradingStrategyGuides
Our free Telegram channel: t.me/TradingStrategyGuides