Fxprotrader
Long

USOIL@ BullishAB=CD Completion At Key Support Zone

FX:USOIL   Crude Oil (WTI)
Not a lot to mention to this post. Crude oil             is in a corrective structure with price testing a support level (watch image below) At that level price has formed a bullish ab=cd pattern which will probably push price higher.

I am planning entering this market with two long positions. Stoploss and profit targets as shown at the chart. If price reaches the first target i will move stoploss to breakeven for the second one.

Support Zone:

snapshot


Like and comment,
John.
Trade closed: stop reached

sl...
Reply
Excellent, posted a long above today's high to be safe. Same view though.
Reply
Thank you mate. It's working for now.. !
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