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Bullish Engulfing Candle at a Higher Low Long Position with a SL of Previous Higher Low

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Trade 2|| USOIL || LONG || 1H TimeFrame HHs and HLs : UPTrend EP:85 TP:87 SL:84

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USOIL || Short || 1H TimeFrame LLs and LHs : DownTrend EP:85 TP:80 SL:89

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HHs and HLs : UPTREND 100MA and 55EMA Acting as Support EP: 149.714 TP: 153.900 SL: 145.910

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1) LLs and LHs : Down Trend 2) Entry Point : 0.57010 3) Stop Loss : 0.58419 4) Take Profit : 0.54489 5) 100 MA acting as Support in DownTrend

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Technical Analysis || 1D Time Frame 1) Series of HHs and HLs : UpTrend 2) Entry Point : 94.060 3) Stop Loss : 90.644 4) Price Moving Upward in Ascending Channel

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Technical Analysis || Time Frame : 1D 1) Series of HHs and HLs : UpTrend 2) Entry Point : 108.775 3) Stop Loss : 104.116 (Just below the last HigherLow) 4) Price moving Upward in Ascending Channel 5) 100 MA acting as support

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1)After series of LLs, a HL at 1D timeframe 2)If the price exceeds last StopLoss OR LowerHigh (1.14973), then a strong change of TREND REVERSAL. 3) If the price does not exceeds last StopLoss OR LowerHigh (1.14973), then TREND Continuation..

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1)After series of LowerLows, a HigherLow on 1D timeframe 2)If the price exceeds last StopLoss OR LowerHigh (1.14973), then a strong chance of a TREND REVERSAL.