WTI Oil Short
Short at 80-ish. immediate target at 79.
Further extended targets marked
Further extended targets marked
Trade closed manually
This was a frustrating trade. Price approached entry and 1st target levels but did not hit. And once it hit after MANY days, it went to original targets.Trade was canceled after near approach and entry wasn't made after subsequent entries. (I do not make entries if near-entry price moves already happened.
Only consolation is that price did range nicely in my expected play-range.
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Moving on:
2nd take profit target was disappointing because it went way deeper down than I expected and I was wrong. If I had taken a reverse trade it would have been uncomfortable.
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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.