Oil in a range boundary (1H short Entry)

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.

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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