Long
Try again: Brent Oil Entry Level at 40.72; Target 43.00

Triangle formation, will
UKOIL $CURRENCYCOM:OIL_BRENT break the triangle and move upward.
Stop Loss at 40.00.
Initial trade today at BUY at 40.80 stopped at 40.30.
Stop Loss at 40.00.
Initial trade today at BUY at 40.80 stopped at 40.30.
Trade active
Trade is active, Entry level 40.72, Target at 43.00, Stop Loss at 40.00Trade active
BRENT hit 42.00, and then now back to 40.30. So the break was there, but the target of 43.00 was too aggressive.Trade active
New target set to 42.00. .Trade closed: stop reached
Stop reachedRelated publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.