Invezted
Long

USOIL (WTI) potential long setup (hourly-swing)

FX:USOIL   Crude Oil (WTI)
Given the recent signs of strenght this instrument shows(as seen in the chart) , we have a potential buying
opportunity in form of a higher low at or near the level of @58.80ish respectively on a retest of the suport level
@58.30ish , where we could establish a long opportunity , with targets @64 and @66 whereas the initial stop loss
should be placed @58.20 just shy the recent swing low , the first resistance area @59.80ish should be used to judge
the current position and manage it accordingly , a rejection may lead to minimizing of the risk and or pull the SL to
breakeven +...

Summary: swing trade long
Entry: 58.80ish HL (long)
StopLoss: 58.20 SwingLow (below support)
Target: 64/@66
Management: pull SL to breakeven 59.80


https://www.tradingview.com/risk-warning/
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out