What to watch out for on USOIL
Updated
watching oil for a long.
need a slight pullback/retracement with price action showing signs of decelleration as we tap the 382 fib level.
If these confluences are met I would be confident in a long position as shown with the arrows for a good risk reward.
need a slight pullback/retracement with price action showing signs of decelleration as we tap the 382 fib level.
If these confluences are met I would be confident in a long position as shown with the arrows for a good risk reward.
Trade active
Note
Stops moved to break even letting full position run overnightNote
TP1 57.94TP 2 60.83
Trade closed manually
profits taken after nice pa tap 1.681 extensionNote
i am now short oil.Note
should have stayed long
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