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 >>
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Till now we earn more than + 140 pips so we must move Stop lose to entry level (B.E.)