Hey folks,
Looking for a position in reverse from the current price level in
CRUDEOILM1! .
Currently Brent crude trades near $114.23 per barrel and WTI trades near $100.79 per barrel.
On the 15min Chart, the volume profile from the last breakout rally giving the VAH and VAL at 9472 and 9230 respectively with LOC at 9275.
so now if the price falls below VAH after retesting in that area, a good short position can be placed.
the price is already fighting at the high level of 9960.
So waiting for the price to break down VAH here with a target to Line of interest.
Lets wait and have patience to get the price to defined entry point.
Thankyou.
happy trading :)
Looking for a position in reverse from the current price level in
CRUDEOILM1! .Currently Brent crude trades near $114.23 per barrel and WTI trades near $100.79 per barrel.
On the 15min Chart, the volume profile from the last breakout rally giving the VAH and VAL at 9472 and 9230 respectively with LOC at 9275.
so now if the price falls below VAH after retesting in that area, a good short position can be placed.
the price is already fighting at the high level of 9960.
So waiting for the price to break down VAH here with a target to Line of interest.
Lets wait and have patience to get the price to defined entry point.
Thankyou.
happy trading :)
Trade closed manually
The price didn't reach the entry point. the break out was momentous from the 9960 level as discussed earlier.I didn't open any position on the breakout, wasn't looking for bull setup here.
So no trade from this setup.
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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.