Oil : Long Position Worth Trying

Hello.

Until June 26, it was announced that Crude Oil stocks decreased by about 7.2 million barrels.
We can write this factor on the pluses.
Part of this statement has been priced and continues to be priced.
On the other hand, the US Non-Agricultural Employment Data announced is quite strong.
This may suppress Oil prices.
Considering the moderate weather in the global markets
a small risk can be taken with the following parameters:

Position Size : %1 (0.01)

Leverage : 50x

Risk/Reward Ratio : 3.00

Stop-Loss : 37.91

Goal : 43.74

NOTE :
Take Profit 1 Point : 42.3

Best regards.

Note

We went out of the channel, maybe we can hang down to the 35's.
Let's not be too insistent, if we come to those areas, we open positions again and now we hedge the damage that will occur.
So let's not add positions or our position size does not exceed 1%.

Transaction en cours

Note

Before I forget, let me close the position :
43.109 reached with 960 pips net profit!

Trade fermée manuellement

Manual order : 43.109

Noldo

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Email : contact@noldoresearch.com

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Global Market Assumptions

par Noldo

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Noldo

Visit our website for information on our invite-only private scripts, long-term backtesting results, and six-month free trial and evaluation period :
bit.ly/4j4sANJ

Email : contact@noldoresearch.com