Crude Oil Just Completed a Bearish Gartley Pattern

Not a great risk:reward and current price action has been bullish but it seems price is facing selling pressure here. Good luck!

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Target 1 hit within a half hour. Moving stops above the last high and holding for TP2 and possibly beyond (maybe even muchhh further beyond -- let's see!)

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Rest of position stopped out at breakeven. Watching price action here...I believe the idea is still valid

Trade active

Trying this again from 53.85. Stops 10 pips above the X point.

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9 minutes later and trade is looking good once again. The original risk was 31 pips so I plan to move my stops to breakeven at that point: 53.54

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Risk-free trade -- my favorite kind

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Note I updated targets based on the new D point: 53.25 and 52.86

Trade closed manually

Stopped out at breakeven again...watching for next opportunity

SharkbaitAl

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SharkbaitAl

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