Greetings all,
As was planning a short trade on WTI - but after last nights breakout, I am going long.
Looking at the past - this setup is pretty similar to that in March.
But - be carefull traders. A lot of things can happen during this and the next days. OPEC agreement are still fresh - but will it last during the next couple of days?
Make sure to put stop loss.
Happy tradings and happy December out there.
BR
Christian
As was planning a short trade on WTI - but after last nights breakout, I am going long.
Looking at the past - this setup is pretty similar to that in March.
But - be carefull traders. A lot of things can happen during this and the next days. OPEC agreement are still fresh - but will it last during the next couple of days?
Make sure to put stop loss.
Happy tradings and happy December out there.
BR
Christian
Note
Well well well - was not getting there at all.I looks as we will get more down side - before we get some upside again.
Will update later - if I can spot the right bullish move.
Note
Been studying the charts the last coupe of hours - and made up my mind.Believe we will se a correction down during the next couple of days - ending near 50 USD target, before we see a bullish impulse.
Chart and TP as follows:
Trade closed: stop reached
Happy new year everybody.Most indicators are telling me we, that we are in overbought territory, so believe we will see a short tun soon - so I will get out of the long trade.
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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.