Possible range continuation on USOIL. Support + 50MA on daily. Dont enter on entry line blindly. You have to wait for after clear rejection candle (bearish engulfing, hammer) on 4H chart. TP swing high. I will update this idea when it comes. This is not a financial advice. Good luck.
Comment:
I ment bulish engulfing at support, sorry.
Comment:
You can go long if this 4H candle closes above 78,70. If it closes under, wait for next 4H candle till it fill the condition.
TP 25% at 79,74, 25% at 81,46. Rest 50% at 85 or trail it.
When you close the first TP move SL to break even and let it run.
TP 25% at 79,74, 25% at 81,46. Rest 50% at 85 or trail it.
When you close the first TP move SL to break even and let it run.
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