💡 Trade Idea
📈 Buy Limit USOIL @ 60.92
🎯 Target Profit 63.32
🛑 Stop Loss 59.73
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support where we have the 38.2 % Fibonacci level retracement. From this level, most probably we will see a move upward to the 63.32 mark.
📈 Buy Limit USOIL @ 60.92
🎯 Target Profit 63.32
🛑 Stop Loss 59.73
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is trading within an ascending channel by posting higher highs and lows. Price managed to break the daily resistance (new support) @ 60.95. We expect a re-test of the new support where we have the 38.2 % Fibonacci level retracement. From this level, most probably we will see a move upward to the 63.32 mark.
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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.