Long

BKR 4/14/2021

Noteworthy:
  • EIA raised demand outlook for crude

Overview:
  • BKR in strong downtrend
  • High risk trade trying to predict bottom

Entry conditions:
  • Close above 20.61
  • RSI > 40
  • MACD fast crosses slow

Stop Loss:
  • Low lower than previous bar
  • Close below or at 200 EMA

Target Profit:
  • 63 EMA


Disclaimer
Not investment advice. Thinking out loud in a crowded room.
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