Take a short posistion on USoil as price had bounced off the 50 period moving average in a major downtrend from the higher time frames.
Here is the play I will be making:
USOIL
OT = SELL STOP (PENDING ORDER)
P = 104.20 so really 105.20
SL = 105.07 so really 106.07 = 83 pips
TP = 101.97 so really 102.97 = 297 pips
Here is the play I will be making:
USOIL
OT = SELL STOP (PENDING ORDER)
P = 104.20 so really 105.20
SL = 105.07 so really 106.07 = 83 pips
TP = 101.97 so really 102.97 = 297 pips
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