we can short (sell) us oil from two levels
1 . short when breakdown at 62.35
2.short whet rise up to 64.50 - 64.90
stop lose same to first target
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
1 . short when breakdown at 62.35
2.short whet rise up to 64.50 - 64.90
stop lose same to first target
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
Comment:
or take some profit
Comment:
we have +310 pips till now :)
Comment:
First target reached by + 350 pips
so we must move Stop lose to entry level (B.E.)