OIL, Trading Plan. Long

West Texas OilOANDA

Description

⋅ Jan 17, 2019 10:29 AM

Price is still bullish. I am looking to open buy after pullback because:

- Price is above key level $50
- Big chance to make 2nd wave up till $57
- Also, because of Wall, Trump doesn't have time to make a pressure on OPEC

I will open buy if the price will make pullback to $50.00 - $50.40

Comment

⋅ Jan 17, 2019 10:32 AM

4 hours candles

Just showed where will be the best to open buy entries

Comment

⋅ Jan 18, 2019 4:09 PM

OIL is moving UP

Comments

zackdinz

⋅ Jan 17, 2019 1:01 PM

agree, price still buliish but it should bounce at 51.09 or bearish will continue. just an idea.

FuturesIntelTM

⋅ Jan 17, 2019 10:42 AM

I have USO calls so I would be ecstatic if you're right. Fingers crossed.

Yuriy_Bishko

⋅ Jan 17, 2019 11:04 AM

@FuturesIntelTM, What do you mean?

Did you open a position?

FuturesIntelTM

⋅ Jan 18, 2019 10:34 PM

@YuriyBishko, USO Oil ETF yes - closed them like a wuss yesterday though :)