Oil Bull run correction = portion of shorts
after IH&S break price vastly moving to channel resistance and have a mass of resistance on the way up so i can try to make a portion of shorts for correction or continuation of bearish momentum
otherwise if price goes over 50.6 we're able to see new high soon
otherwise if price goes over 50.6 we're able to see new high soon
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huge buying volumetrading this risky but any chance i have move SL to break-even point
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SL at BE point but expect double top or 50.2-5 range before moving downNote
H4 bar showing nice bullish momentum and formed IH&S on lower TF so for now i expect a bounce from PP to 50.2-5 price levels
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TP moved to 48.8 as it border of bullish channel drawn from yesterday highNote
Trade closed manually
time with judge me for closing now but it is doneNote
Entry 50Profit took at 48.8
Result: 120 pips
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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.