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.
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For thoese who missed the short this morning. Now is a good place to open trade. Pull back to 0.618 level
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Boom! Two Target both hit. from 45.90 to 43.50, 240 pips
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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
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AlphaDreams
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Are you expecting it to continue to drop through night and tomorrow during NY day trading hours?
tntsunrise
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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
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what is your expectation based on analysis?
tntsunrise
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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
tntsunrise
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sry. 1300 is for gold. i have 45.90 short.
Forex_Bull
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very good work Sir
hao.deng.m
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Wow!
KVE
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Nice one!
YACCINE
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Very interesting ,i'm learning from you .
Thank you sir
tntsunrise
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welcome to take my course in june. I will teach you to become a pro-trader