OIL, Trading Plan.

I will open Sell if the price will break down $52, and 1-hour candle will close under $52.
Goal will be $49

Reasons:
- Long-Term trend is still bearish
- Price can make a retest of $49
- Price came back a 3rd time to key level, in 70 -80% of situation it breaks it.

Comment:

Price broke down key level

Comment:

Trade active

Comment:

The price moved down 80 pips
You can close part of the position

Comment:

1-hour candle close under key level
it is a great signal that price can move down till my take profit

Comment:

Take profit hit.

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Trade closed: target reached