Patience with #USOIL could pay more than just a bill
Updated
My previous idea on USOIL breaking played out with near perfection, now it's all on if a new ATH could be in play. I'm willing to continue to hold my position to find out, this is my first real swing trade , but a drop back to entry seems unlikely at this point. It did do a deep dive down but was able to continue it's upward momentum, I don't see a dive that close to entry happening anytime soon, either way this trade should be set with a SL in profits, take a little money off the table. If there's another pull back it should be able to hold around the 108 area, if this happens I think this is where the real run can begin. I'll have a buy limit set around 108 area to top-up my trade as well.
Note
caught the drop at market open and added a buy in 108.33 areaNote
added one more buy, coming down on 50 EMA on 1H TF, let's see if it holds.Note
Hit trailing SL's on the drop. I'll be re-analyzing and seeing if there's a upward swing trade setup
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