Oil in a range boundary (1H short Entry)

FX:USOIL   CFDs on Crude Oil (WTI)
3422 26 100
Oil             in a range boundary

Now the price is at the 200% again
but rejected nicely
I short oil             this mroning at 45.90
And My target is 44.60 and 43.30
RSI gives me confirmation as well.
For thoese who missed the short this morning.
Now is a good place to open trade.
Pull back to 0.618 level
Boom! Two Target both hit.
from 45.90 to 43.50, 240 pips
Comment: After TP2 is reached. Price rallied. but we already Take our profit!
That's the beauty of a well planned trade.
You know exactly where you want to take profit and you should stop loss
To lean Jack's Full Trading System:
Weechat ID: 32114564
Are you expecting it to continue to drop through night and tomorrow during NY day trading hours?
tntsunrise AlphaDreams
I don't care already. 1st: Already take profit at target 1 and target 2, rest position move SL to break even. so this trade turned to be a risk-free trade.
Whether it continue to drop, or reverserd up, it doesnt matter.
AYosof tntsunrise
what is your expectation based on analysis?
no expectation. I have 1300 short. I dun care where market goes. if continue fall, i make more money. if pulls back, i got better place to sell again
sry. 1300 is for gold. i have 45.90 short.
very good work Sir
Nice one!
Very interesting ,i'm learning from you .
Thank you sir
welcome to take my course in june. I will teach you to become a pro-trader
+2 Reply
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