USOIL short term BUY

A nice flat is forming on the 4H time frame and I am taking he completion leg. then observe price action for a sell at the top of the C leg of the flat. Lets see how it plays out.

การซื้อขายยังคงดำเนินอยู่:

Updating labels...

การซื้อขายยังคงดำเนินอยู่:

The trade is looking good so far. The impulsive moves are always a pleasure to trade.
I would normally not move my SL to breakeven but the move is significant enough to do just that to be a risk free trade.

Do like the idea if you find it useful. Thanks.

ความคิดเห็น:

Target price ==> 62.40

การซื้อขายยังคงดำเนินอยู่:

A deep retrace for the Y leg. A good second opportunity to buy OIL shot term. Look for reversal pattern to buy.

การซื้อขายยังคงดำเนินอยู่:

My trade is still active. Oil can be very slow to move when it is correcting. PATIENCE is the key.

Do like and comment if you like the idea. Thanks.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Played out nicely but one thing you must know about oil is that is is usually not fast in movement. So patience is the key. Cheers