Dear traders..., it looks like there is potential for crude oil to pullback to some upside...
Placing a small Long trade on this for now... (Price could go slightly down & reverse, or it will just start reversing from here...)
*Target is not cast in stone; I'll be prepared to take profits... (It is hard to try to predict the next thousand pips move; this trading method is only useful for predicting like the next 50 - 100 pips move... It is actually more ideal/suitable for shorter-range scalping actually, but it worked surprisingly well for longer time-frame predictions too; albeit shortsighted though...)
I hope this trade might not be "too impatient"; because I'm not sure if the price would like to test the bottom MA of the BB (bluish/green color)... So risked small now...
Best regards.
Placing a small Long trade on this for now... (Price could go slightly down & reverse, or it will just start reversing from here...)
*Target is not cast in stone; I'll be prepared to take profits... (It is hard to try to predict the next thousand pips move; this trading method is only useful for predicting like the next 50 - 100 pips move... It is actually more ideal/suitable for shorter-range scalping actually, but it worked surprisingly well for longer time-frame predictions too; albeit shortsighted though...)
I hope this trade might not be "too impatient"; because I'm not sure if the price would like to test the bottom MA of the BB (bluish/green color)... So risked small now...
Best regards.