USOIL-Bias long
Bulllish indications:
Double bottom formation.
Major support respected.
Morning star candle in 4 hrs time frame.
Made a new and break out from the lower high.
Fib level 0.618 bounce from the bottom.
Bearish indications:
Bearish trend in higher time frame.
Trade plan bias long @ 77.09
SL:74.55
TP1:79.58
TP2:81.73
Double bottom formation.
Major support respected.
Morning star candle in 4 hrs time frame.
Made a new and break out from the lower high.
Fib level 0.618 bounce from the bottom.
Bearish indications:
Bearish trend in higher time frame.
Trade plan bias long @ 77.09
SL:74.55
TP1:79.58
TP2:81.73
Note
TP1 HIT
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.
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.