USOIL is going though a pullback phase, currently at 50% retracement and at 3.3 days' average price. Bears gapped down the grey shaded area around 6950, as long as the bullish gaps below are still open, bullish continuation has better odds. Upon closing higher than 6950 gap area, entering long with stops below 6920 seems reasonable, 2R-3R targets ahead.
Trade ativo
Gap tested, the price is above but not closed this 30M candle yet. Stops below 6920 & 2R-3R targets ahead. $400 Risk here per 1000bbl.Trade fechado: stop atingido
Price dipped below 6920, but there’s no clear breakout either way. Upon confirmation, re-entering long.Trade ativo
Re-entering here, stops below 6915Trade fechado: stop atingido
Stop reached. 80 ticks loss on those two tries.Trade ativo
Another try .57 stop .41Trade fechado manualmente
Closed +26 ticksNota
Trade ativo
In .45 SL .23Trade fechado: objetivo atingido
+27 ticksNota
Most probably price will go higher after clearing out the buyers' stops and trapping some bears. It was one of those "tricky days" and to be coming out with 27 ticks loss all in all while being on the wrong side is not that bad. Being flexible with closing and re-entering is very important. Looking for a long entry here.Trade ativo
In .70 SL .47Trade fechado: stop atingido
-25 ticksTrade ativo
In 6811 SL 6787Trade fechado manualmente
+25 ticksTrade ativo
There is a breakoutNota
Price is above the entry level. Potentially even higher the upcoming days.Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
