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Long Oil if Price Holds Above 58.65
CFDs on WTI Crude Oil
Long
Long Oil if Price Holds Above 58.65
By DrCatherineHalsey
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Updated
Dec 11, 2019
6
Dec 10, 2019
Looking like we could get a long here today if we stay above 58.65 for US open. Shorter timeframe confluence with market structure.
Dec 10, 2019
Note
If price can maintain above potential levels to watch price action will be 59.40, 59.71, 59.90, and 60.19
Dec 10, 2019
Note
Dec 10, 2019
Trade active
Long Entry: 58.65
Stop Loss: 58.48
Targets: 59.40, 59.71, 59.90
Dec 10, 2019
Note
Break Even set @58.67
Dec 10, 2019
Note
Watching 59.06 to potentially take partial profits based on price action at that level
Dec 10, 2019
Note
Wicked through 59.06, took partial profits, moved breakeven up to 58.82
Dec 10, 2019
Note
Price came 1 cent away from break even. Hoping for price to continue up beyond 59.40 to the aforementioned targets.
Dec 10, 2019
Trade closed: stop reached
Stops closed remaining position in profit @ 58.82
Dec 10, 2019
Note
Dec 11, 2019
Note
Price eventually made it to 59.40
Dec 11, 2019
Note
Beyond Technical Analysis
Chart Patterns
Crude Oil
oilfutures
Trend Analysis
Crude Oil WTI
DrCatherineHalsey
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