CFDs on WTI Crude Oil
Short
Updated

OIL break structure and wedge

OIL break structure and wedge

if price pull back to 74.40 we can short the pull back

SL above 75.30
TP1: 72.50
TP2: 71.00
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wait for the pull back
the 0.618 + structure
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sold from 74.40, now.is 73.70
win 70 pips.
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beautiful retest, and here we go, we sell.high and.make.money
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for thoese who short from 74.40, its good to take partial profit and hold the rest.
1. u earned real profit
2. u reduce the risk-exposure
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now.is.73.13, already win 130 pips
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First Targrt Hit, 72.70
this.trade.win 170 pips
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72.30 +210 pips
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OIl make a doulbe top in 4h time frame.
good to hold the rest position from 74.50
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Get ready when Oil break down the neck line,
sell the pull back :)
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STEP 1 : Find a break out. did you see ?
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STEP 2: wait for pull back or inside bar :) VERY Good, Akhalifeh!
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now is 71.45, approaching TP2
From 74.40 till now, is 300 pips.
Again, this trade belongs to Type A Trader, lose small and win big.
Trade closed: target reached
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90% of TP2 HIt, + 320 pips
Risk: Reward Ratio: 1 to 3.9
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3.79
Trade closed: target reached
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Now is 69.88. for the balance position, you can take profit any time.
+400 pips
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wow 68.12 NOW!
enjoy the profit
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NOW IS 66.
+740 PIPS

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