Short UKOIL (long term trade setup)
Updated
Look to go SHORT at UKOIL at current level.
Take profit 1: 64.65
2: 59.60
Happy trading.
Greetz JP
Take profit 1: 64.65
2: 59.60
Happy trading.
Greetz JP
Note
take profit 1 hit. Hold the positions and us a stoploss set around the last high on the 4 hour candle and let it run for take profit 2, or if you fine with these profit close the position.Greetz JP
Note
take profit 1 was hit. You can take profit right now.
Also you can let the position run, however, at the 4 hour price is bouncing at a resistance so oil may get higher from here.
Greetz JP
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