Get started
Crude Oil Futures (Aug 2020)
Long

CLQ0: Potential Buy Setups

By Zoen_Trieste
Updated
The current low is highlighted with the green square that shows potential trade setup projections for the upcoming couple of months before this contract's expiry.
Trade active
Long @ 20.85 stop sell @ 19.50, a 1.35k risk per contract
Comment
A 3.5K profit per contract here, which is a 2.5R return on the risk taken.
Comment
A 5.6k profit per contract here, which is a 4.1R return on the risk taken.
Trade closed: target reached
Booked @ $27.85. A 7k profit per contract, which is a 5.2R return on the risk taken.
gannanalysisgannanglesGann BoxGann SquareOiloilbuyoilforecastoilfuturesoilpriceoilsignalsSupply and Demand

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.