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 aktif
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.Trading ditutup: stop tercapai
Price dipped below 6920, but there’s no clear breakout either way. Upon confirmation, re-entering long.Trade aktif
Re-entering here, stops below 6915Trading ditutup: stop tercapai
Stop reached. 80 ticks loss on those two tries.Trade aktif
Another try .57 stop .41Trading ditutup secara manual
Closed +26 ticksCatatan
Trade aktif
In .45 SL .23Trading ditutup: target tercapai
+27 ticksCatatan
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 aktif
In .70 SL .47Trading ditutup: stop tercapai
-25 ticksTrade aktif
In 6811 SL 6787Trading ditutup secara manual
+25 ticksTrade aktif
There is a breakoutCatatan
Price is above the entry level. Potentially even higher the upcoming days.Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
