#XTIUSD/USOIL: Will bull take price to $100?
Updated
Dear Traders,
Hope you are doing great, US OIL we can see a strong bullish impulse in coming months, in coming months we can target US OIL to hit 79.00 region first then $85.. and final target will be $100. Plus, wait for price to breakthrough the bearish trend line and once it does you can take safe entry. If you want to take higher risk you can enter now with a accurate risk management.
Sellers exhausted and we can see in daily timeframe as price have failed to break through recent LOWER LOW. This is a good sign for us when we are eying for big target.
Please like and comment if you agree with the idea ;)
Hope you are doing great, US OIL we can see a strong bullish impulse in coming months, in coming months we can target US OIL to hit 79.00 region first then $85.. and final target will be $100. Plus, wait for price to breakthrough the bearish trend line and once it does you can take safe entry. If you want to take higher risk you can enter now with a accurate risk management.
Sellers exhausted and we can see in daily timeframe as price have failed to break through recent LOWER LOW. This is a good sign for us when we are eying for big target.
Please like and comment if you agree with the idea ;)
Trade active
Note
Price came to our entry region, 71.30 and bounced from there to 77.30(600 PIPS). We still expect a continuation of bullish momentum in coming days. While long term target is 100.00.Note
-From 71.30 to 77.30 a nice 600 PIPS move happened yesterday. Expecting the same move again from 77.30 to 87.30 another 1000 pips may occur soon. Well done to those who caught the idea on time. As there were many times price came to 71.30 region to enter.Note
-Target:1 Hit successfully, though price dropped from that point sharply. Currently, price hovering around our entry point.Trade active
1100+ PIPS close 50% of your positions and let other positions running. Note
1600+ Pips Close Completely or lLive it open for Target 3.
Trade closed manually
Close completely with 1600+ pips well done.
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