4 Hr Cypher set up on $OIL $CL_F $USOIL $USO
Updated
Wait for price action at 786 Fib level for long entry. Pin Bar, IB, Engulfing Bar, or low tf harmonic .
Full plan in chart, 2 % max risk on play, Suggest 1% <
Stop below X needs room 66.75$ or so.
I will share entry if triggered, I will leave an overnight limit as well if it does not trade, (smaller size on limit)
Tp stop is to entry, Aim higher, leave a runner, always.
The plan never changes, just the trading vehicle.. GL guys :)
Full plan in chart, 2 % max risk on play, Suggest 1% <
Stop below X needs room 66.75$ or so.
I will share entry if triggered, I will leave an overnight limit as well if it does not trade, (smaller size on limit)
Tp stop is to entry, Aim higher, leave a runner, always.
The plan never changes, just the trading vehicle.. GL guys :)
Note
Note
4 hr pin bar @ trigger Note
low tf needs to break this pattern, if not lower can trade Note
Note
Adjusted Tp's anchored to low, can use either for stop adjustment and profit taking.
Note
Trade closed: stop reached
Break even stop on balance
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