USOil - Daily Chart - 2 Long scenarios
Updated
Two scenarios on which i plan to take longs.
Scenario 1 (orange arrow):
Enter on an engulf, reclaim of the orange level.
Scenario 2 (blue arrow).
Support level held and creating higher swings.
Both aiming for the target at the blue line which is based on a weekly supply level.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
Scenario 1 (orange arrow):
Enter on an engulf, reclaim of the orange level.
Scenario 2 (blue arrow).
Support level held and creating higher swings.
Both aiming for the target at the blue line which is based on a weekly supply level.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
Trade active
Trade closed: target reached
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