UC: Update on free signal given on 11.14
We've cleared enough profit to move stop loss to entry so this is as of now a risk-free trade. Our first downside target remains 1.315 which is just over 100 pips. We're currently floating +38 pips and look for more downside price action in correlation with Oil potentially breaking 78$ a barrel. Four days of bullish price action were over with yesterday's bearish (engulfing) close. We're looking forward to more downside price action with this trade and will update to the channel when we have taken a partial profit.
Related publications
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.