Oil is on the top of the trend line and has shown a reversal diamond patter.
Short this rally, don't risk too much of your money, it's a bull market after all.
Take 70% profit on the first target indicated on the chart.
Short this rally, don't risk too much of your money, it's a bull market after all.
Take 70% profit on the first target indicated on the chart.
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First target was hit and bounced up from the support. I hope you guys took Profit on 70% of your position.At this stage you can let the rest of the 30% run to the second target. Move your stop at breakeven point for the last 30%.
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watch for the breakdown
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here we go
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Breakdown failed, Moving stoploss to 55.55. remember this is the last 30% of your position.
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Trade closed. Descent profits.I'll be waiting for a long entry
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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.